Kuwait Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

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Publication Date: May 2024

Report Pages: 128

Kuwait continues to benefit from 5G investment

Kuwait’s telecom infrastructure is well developed, with a focus on mobile infrastructure and services. The telecoms sector is important to the country’s economy, and this will become more pronounced in coming years as the economy is purposefully transitioned away from a dependence on oil and gas to one which is increasingly knowledge-based and focussed on ICT and related services.

The MNOs have focussed investment on 5G networks, which support and promote the growth of data traffic. This in turn has been a catalyst for revenue growth in recent quarters.

While Kuwait’s mobile sector shows considerable progress; the country’s fixed broadband penetration is the lowest in the region. However, the government has stepped up efforts to build up fixed broadband networks, and ultimately this sector offers a potential future growth opportunity. Improvements to the fixed broadband infrastructure will help develop sectors such as e-commerce, along with smart infrastructure developments, and tech start-ups.

Key developments:

  • STC Kuwait launches 5G standalone services;
  • FASTtelco launches 200Mb/s fibre broadband service;
  • stc Kuwait launches Quick Pay digital payment channel aimed at business users;
  • Telecom regulator supporting infrastructure sharing in Kuwait;
  • Kuwait noted as having the fastest 5G download rates in the region;
  • Improvements to fibre-broadband infrastructure continue;
  • Report update includes the regulator's market data updates, telcos' financial and operating data to Q4 2021, updated Telecom Maturity Index charts and analyses, assessment of the global impact of the pandemic on the telecoms sector, recent market developments.

Companies covered in this report include:

Mobile Telecommunications Co (MTC) / Zain, Ooredoo Kuwait, STC (Formerly Kuwait Telecom Company (KTC) / Viva).

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