Telecom

Angola: Unitel, Movicel lose market shares to new entrant Africell

Angola: Unitel, Movicel lose market shares to new entrant Africell
Thursday, 23 February 2023 15:28

For years now, the Angolan telecom market has been dominated by Unitel, which mostly profited from the uncompetitiveness of Movicel which has been losing ground since 2019.  However, the introduction of new the entrant Africell (April 2022) in the market is changing the structure.

Africell is steadily growing in the Angolan telecom market at the expense of its two competitors, Unitel and Movicel. According to news agency Expansão, which based its estimates on the latest data from the Angolan Institute of Communications (INACOM), the company increased its market share from 15.5% in Q2 2022 to 21% in Q3. Over the same period, Unitel's share dropped from 78% to 73% while Movicel lost 0.5 points to 6%.

Africell began commercial operations in Angola in April 2022, ushering in a new era of competition in the fixed voice, mobile (2G, 3G, 4G), and data segments. Among other things, its entrance accelerated growth in the sector. Even Unitel acquired new subscribers, with its subscriber base rising by 2.8 million to 16.2 million. As of September 2022, Africell had 4.6 million subscribers.

The increased competition introduced by Africell aligns with the objectives that motivated the attribution of Angola's fourth telecom license in 2020. By issuing that license, Angolan authorities wanted to boost competition and innovation in key sectors of the economy (telecommunication included), to accelerate development.

Isaac K. Kassouwi

On the same topic
Amazon plans to launch satellite internet services in South Africa in 2026 Project would rely on partnerships with local operators, unlike Starlink’s...
MINGO has signed a deal with African Boxing to deliver ticketing across 54 countries, becoming the main boxing events platform. Counterfeit...
Benue State aims to train about 23,000 young people in digital skills every two years. The program relies on a partnership with Cisco Networking...
Burkina Faso has launched construction of a national digital infrastructure supervision center costing CFA3.05 billion ($5.4...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
03

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
04

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
05

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.