The new Nigeria

Stability, clear trends and imminent middle-income status

Read this article to learn:

  • GDP and GDP per capital indications that Nigerian is approaching middle-income status
  • Indicators of the growth and profitability of the Nigerian telecommunications sector
  • Tower industry approaching global metric of 75% of towers under independent management
  • Why tenancy rations of two may be forecast with some confidence

Current trends indicate that Nigeria will be the first African country to reach the international metric of 75% of towers under independent ownership. This results from a flurry of major transactions during the course of 2014. Factors including rapid traffic growth, implementation of much-enhancnced Quality of Service, and rollout of fixed and moble broadand combine…

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