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Investment to GSM fixed wireless phone in Nigeria

Description: The development and expansion of Telecommunication in Nigeria is accelerating the Nationís development greatly. The improvement in access to telephone has had positive impact in virtually all facets of life. The rural areas are receiving attention increasingly. Recent deregulation of the mobile phone market has led to the introduction of Global System for Mobile communication (GSM) network providers operating on the 900/1800 MHz spectrum, Use of cell-phones have soared, and have mostly replaced the unreliable services of the Nigerian Telecommunications Limited (NITEL). The current estimate lies at about 88 million mobile phones as at October 2011 which is basically cellphone users. Nigeria with a population of over 170Million people is one of the fastest growing economy in the world.
However, the fixed telephone (Desktop telephone) subsector is yet to commence in the Country occasioned by some basic infrastructure challenges. Hence the demand for GSM FIXED WIRELESS PHONES. Many offices, Homes, Government Ministries, Agencies, Parastatal need desktop phones that can use GSM Sims.
The Market is estimated to be worth over $20 Billion. First entrance into the market with this products will take hold of over 50% of the market.

Need from others: Financing
Author: dusisam from Nigeria 
More postings from 'dusisam'
Posting reviewed by: 350 users
Country of business: whole world Published on: 10 January 2013
Region of business: any Posting ID: 3927
Business Sector: telecom Image: Not available
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