Georgian Telecom Sector Gains Steady Momentum, States BuddeComm in Its Report Available at MarketPublishers.com16 Sep 2016 • by Natalie Aster
LONDON – The sluggish economic growth has influenced Georgia’s telecommunications sector. Fixed-line voice service revenue has dropped sharply, whilst mobile service revenue has also fallen due to fierce competition aggravated by the decline in overall messaging traffic as subscribers are moving to alternative over-the-top services. The overall market is chiefly bolstered up by the broadband sector, where the number of users keeps on increasing incessantly. The robust growth in the number of fibre optic broadband connections has had a bearing on the DS segment as clients are moving from copper to fibre based networks. This development features the significant hike in investment in infrastructure in the recent past, stimulated by the government’s national broadband plan (NBP).
The telecom sector has turned out to be one of the most rapidly growing in the country’s economy. Its share in Georgia’s GDP reached 7%, however, it declined to nearly 5.6% by 2015-end.
Mobile phone user penetration rate surpassed 130% by mid-2016. Further growth of mobile broadband services is expected following the recent multiple spectrum auction, and also the award of the additional 800MHz spectrum band as of 2016. Spectrum is being made available for LTE services, and the 3 wireless service providers are all pouring money into the expansion of the reach and capabilities of their LTE network infrastructures. MagtiCom claimed in mid-2016 that 90% of the country’s populated territory was covered with its LTE-A network. Mobile networks are essential for the provisioning of data and voice services seeing that fixed-line networks in many corners of Georgia are still outdated.
Georgia Online, Caucasus Online, Akhali Kselebi United Telecom, Egrisi, SilkNet, Telecom Georgia, SaNet, and Georgian Railway Telecom are the most prominent players in the industry.
In-demand report “Georgia - Telecoms, Mobile and Broadband - Statistics and Analyses” elaborated by BuddeComm gives a comprehensive assessment of the telecom market space at the national level. It provides key statistical data pertaining to the market and offers a country overview. A granular look at the regulatory environment is provided. Furthermore, the study gives information on the local fixed network operators. It further gives an overview of the telecommunications infrastructure covering the national telecom network, fixed-line subscriber forecasts, and the international infrastructure. The report provides an all-round investigation of the country’s fixed-line broadband sector; analyses the digital media domain; and explores the mobile sector alongside giving information on the leading mobile operators in Georgia. The research study also provides detailed subscriber forecasts to 2016-end, 2018 and by 2021.
More in-demand market reports by our partner can be found at BuddeComm page.