Price: $ 1295
BMI View: Uganda remains one of a handful of countries with mobile penetration rate of less than 50% as of June 2013. This is mainly because of poor network coverage in rural areas where the majority of the residents live. Although this development would have spurred investment in rural areas, BMI notes operators are increasingly deploying high-value services, including 4G LTE, in urban areas to sustain revenue growth. We expect this trend to continue until a strong business case for rural roll-out is established, particularly in the form of cost efficiency and sustainable revenue growth. Key Data ? The mobile market grew by 3.5% in H113, compared with 4.1% over the same period in 2012. ? Market average mobile ARPU remained below US$4 in H113 despite an uptick in mobile data subscripti ...
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