Publication Date: December 2023
Report Pages: 128
Analyst: Henry Lancaster
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.
Mobile Telecommunications Co (MTC) / Zain, Ooredoo Kuwait, STC (Formerly Kuwait Telecom Company (KTC) / Viva).
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