DUBLIN--(BUSINESS WIRE)--The "Sudan - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
Zain Group prepares to exit Sudan, citing difficult economic conditions Sudan's economy has been volatile since South Sudan separated from it in 2011. In a bid to compensate for lost state revenues, the sales and services tax for telcos was raised from 20% to 30%, while the tax on profits was raised from 15% to 30%. GDP growth was stagnant from 2012, and became negative in 2018, 2019, and 2020.
However, the IMF expected that the economy had recovered in 2021, though by only 0.4% in the year. The effects of hyperinflation and high taxes have been immediate on the telcos. Zain Group had gamely endeavoured to hold on to its interests in the country, though with difficulty.
The company invested $30 million to secure additional spectrum in 2020, enabling it to improve the quality and reach of services. The licences for this spectrum run to January 2029. However, the hyperinflationary economy resulted in a 28.8% fall in reported revenue for the first nine months of 2021, year-on-year.
Accepting that its prospects in Sudan are poor, the Group in December 2021 began to evaluate a $1.3 billion offer from Invictus Holding for its units Zain Sudan and the associated Kuwait Sudanese Holdings. Should Zain Group exit Sudan, it would be a move undertaken by companies such as Millicom International and MTN Group, which have similarly withdrawn from markets which have proved to be too hard, and with little return for investment and effort.
Key Topics Covered:
Key Statistics
Regional Africa Market Comparison
- Market Characteristics
- Market Leaders
- Market Challengers
- Market Emergents
- Tmi Vs Gdp
- Mobile and Mobile Broadband Penetration
- Fixed Versus Mobile Broadband Penetration
Country Overview
Covid-19 and Its Impact on the Telecom Sector
- Economic Considerations and Responses
- Subscribers
- Infrastructure
Telecommunications Market
- Market Analysis
Regulatory Environment
- Historical Overview
- Regulatory Authority
- Fixed-Line Developments
- Mobile Network Developments
Mobile Market
- Market Analysis
- Mobile Statistics
- Mobile Data
- Mobile Broadband
- Major Mobile Operators
- Mobile Infrastructure
- Other Infrastructure Developments
- Mobile Content and Applications
Fixed-Line Broadband Market
- Introduction and Statistical Overview
- Sudan Internet Society (Sis)
- Broadband Statistics
- Fixed-Line Broadband Technologies
- Fixed Wireless Broadband Services
Digital Economy
Fixed Network Operators
- Sudatel
- Canartel (Canar Telecom)
Telecommunications Infrastructure
- Overview of the National Telecom Network
- International Infrastructure
Appendix Historic Data
Companies Mentioned
- Zain Sudan
- MTN Sudan
- Sudatel
- Sudani
- Canar Telecom (Canartel)
- SudaNet
- ZinaNet
- Thuraya
For more information about this report visit https://www.researchandmarkets.com/r/3xit2j
