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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
By Diaka Camara, journalist, producer, founder of CBC Worldwide Com & Prod, and president of the Diaka Camara Foundation. I still remember returning to...
Tunisia tightens import financing rules to protect foreign reserves Banks must require full importer-funded deposits for non-priority goods Measures...
Guinea injects funds into banks to ease cash shortages Shortages persist due to hoarding and weak cash circulation Central bank pushes digital...
Africa's air cargo rose 21% in February, led by a 61.9% surge in the Asia corridor despite global logistics shifts Ethiopian Airlines gains via new...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...