Price: $ 1295
BMI View: With the mobile penetration rate in Kuwait nearing 215% as of June 2013, and with blended ARPUs still falling slowly, it is clear there is little opportunity for organic growth in this small and mature market. That said, newcomer VIVA Kuwait continues to attract new customers. This suggests, however, that a large number of prepaid accounts with short lifespans are accruing and coming quarters could see operators disconnect many technically inactive accounts. Mobile number portability (MNP) was introduced in June 2013, which could lead to an uptick in price promotions, adding further to the problem of delinquent accounts while also sapping ARPUs. Operators should strive to attract more valuable contract customers and their launches of 4G LTE services should help in this regard. Further ef ...
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