BMI View: Increasing complaints from the telecoms regulator and mobile phone users over poor Q0Sissues support our view that network quality and coverage, as opposed to price, will be a definingcompetitive factor in Nigeria''s mobile market as it approaches saturation. We therefore expect a significantproportion of mobile operators'' capex in 2013 to go towards boosting existing network capacity to copewith expected increases in subscriptions and usage over the next few years. Meanwhile, the government hasan ambitious broadband penetration target of 20% by 2017. Although this is not unattainable, we believe itcould be missed by a wide margin if obstacles that presentl...
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