Holiday Gift Guide »

Egypt’s Orascom Telecom emerges as the eighth largest mobile network in the world by customer numbers

Categories: General, Research
By: , IntoMobile
Thursday, March 4th, 2010 at 2:04 AM

Global management consultancy PRTM has a new report in which it says that Egypt’s Orascom Telecom has become the eighth largest mobile network in the world by customer numbers. As a result, the company is now ahead of some of the well-established international operators.

PRTM’s report shows that seven multinational operators with origins in the regions of Middle East and Africa (Etisalat, Orascom, Qtel, STC, Zain, MTN and Millicom) have more than 300 million subscribers and have expanded across Africa and parts of Asia to sustain growth momentum. On that note, the consultancy company concludes that between 2003 and 2009, the leader board of the world’s 30 largest mobile operators changed dramatically.

The report argues that operators which create the right operating models will increase performance and win investor backing in the international M&A game. Consolidation during the next five years will mean an operator may need 300 million subscribers, or $50 billion in revenue, to be among the global top 10 in 2014… And you can get the full PRTM report from their website.

[Via: CellularNews]

SPONSORED MESSAGE
Get free domestic and international calls and texts to anyone with the Vonage Mobile app available as an iPhone calling app or Android calling app.

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.