BMI View : We have made some positive upwards revisions to the Qatari mobile market forecast in our Q116 report update. The market performed well in 9M15, outperforming our initial forecasts. The growth has been propelled by infrastructure and economic development projects, the upcoming 2022 FIFA World Cup and the arrival of migrant families. Qatar benefits from a wealthy population which drives the demand for advanced data services, and a large migrant community which is a factor for growth. Operators have to cater to both segments, with the profitability coming from the former. High ARPU is underpinned by the uptake of LTE and fibre services in the country, as well as multiple-SIM ownership through multiple-device ownership (smartphone, tablet, dongle). This requires a high level of investment to meet demand and ensure a strong quality of service, especially on LTE networks. This gives the incumbent an advantage, as its rival has not made a profit in the market since launching in 2009.
Latest Updates & Industry Developments
The mobile market added an impressive 564,000 new subscribers in 9M15, ending Q315 with a total of 4.689mn. We anticipate stable growth prospects till the end of our forecast period, driven by infrastructure development and the 2022 FIFA World Cup.
Ooredoo has been investing in network upgrade and technological improvements, including developing 5G technological solutions with Ericsson.
The poor financial health of Vodafone Qatar continues to remain a crucial factor, as the operator has still not turned a quarterly profit since 2009.
|Vodafone Yet To Make Profit Since Market Entry In 2009|
|Net Profit (QARmn), 2014-2015|
Qatar ranks third in BMI's latest Risk/Reward Index for the Middle East and North Africa, with a score of 59.1 compared to a regional average of 47.5. The country outperforms the average in all four categories, and saw a small increase in its country risks this quarter, with the remainder staying unchanged.
The Qatar Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Qatar's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.
BMI's Qatar Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Qatar.
- Benchmark BMI's independent telecoms industry forecasts for Qatar to test other views - a key input for successful budgeting and strategic business planning in the Qatari telecoms market.
- Target business opportunities and risks in Qatar's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Qatar.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering the ARPU, fixed-line, mobile (including 3G & 4G), internet and broadband markets.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the wireline and wireless sectors and within the broader political, economic and business environment.
BMI Industry Forecast Scenario
Historic data series (2010-2013) and forecasts to end-2019 for all key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast.
- Fixed-line Telephony – Telephone lines (‘000); telephone lines/100 inhabitants.
- Cellular Telephony – Mobile phone subscribers (‘000); mobile phone subscribers/100 inhabitants; and where available, 3G & 4G subscribers (‘000); 3G & 4G subscribers/100 inhabitants; 3G & 4G subscribers as a percentage of overall mobile market.
- Internet Markets – Internet users (‘000); internet users/100 inhabitants; broadband internet subscribers (‘000); broadband internet subscribers/100 inhabitants.
BMI’s Telecommunications Risk Reward Index
BMI’s Risk Reward Indices provide investors (vendors, operators and suppliers) looking for opportunities in the region with a clear country comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide an Indices of highest to lowest appeal to investors, with each position explained.
Market Data Analysis
Detailed market analysis of the mobile, mobile content, fixed-line and internet segments, broken down into:
- Market Data – Analysis of market size, operator shares, dominant trends, competitive landscape and key quarterly data.
- Technology/Service Rollout – Analysis of rollout/adoption of new technology, such as 3G & 4G, WiMAX, IPTV, pay-TV, LTE and valueadded handset services (gaming, music, video, apps etc.).
- Mobile Content – The latest trends in content and services available and being introduced by mobile operators, including a timeline of all the latest major mobile content developments.
Company Database – A comprehensive breakdown of KPIs of the leading mobile operators, including subscriber figures by type (pre-paid and post-paid); 3G & 4G subscriber figures; net additions; market share; ARPU; churn rates; minutes of use; voice and non-voice revenue; financial figures (including operating revenues, net profits and EBITDA).
Details of the regulatory bodies and their responsibilities, as well as a special focus on the rules surrounding competition and interconnection. Also covers the latest updates in the market’s development and regulatory rulings.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
The Telecommunications Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.