Over the years now, Zambia’s mobile telecommunications subsector has grown by almost 22%, reaching K9.5 billion (US$389,65 million). The nation’s industry regulator recently released the 2023 Annual Market Report for the Information and Communication Technologies Sector, which supports this claim.
Zambia’s Mobile Sector Worth More Than $389 Million
From K7.8 billion ($319.93 million) in 2022, the Zambia Information and Communications Technology Authority (ZICTA) reported an increase.
ZICTA stated in the report: “Overall, the increase in mobile network operator (MNO) revenues was attributed to the continued growth in adoption of ICTs, particularly mobile cellular technology for various uses, and is expected to increase reinvestments in the subsector.”
The total number of active mobile cellular subscriptions was somewhat higher at the end of 2023 than it was at the end of 2022. From 19.8 million subscribers in 2022 to 21.1 million subscribers in 2023, the total number of active mobile cellular subscriptions grew by 6.4%.
ZICTA’s Projections
According to ZICTA’s projections, the number of mobile users will rise from 21.9 million at the end of 2024 to 22.8 million at the end of 2025 and 23.6 million at the end of 2026.
As per the research, Airtel has a 48.6% market share, which is 2.2 percentage points higher than its 2022 share. After falling 3.3 percent, MTN Zambia is now at 32.6%. A 1% increase to 18.8% percent was recorded by Zamtel.
In Zambia, there were 12,975 telecom sites in 2023 compared to 11,987 in 2087, an increase of 8.2 percent. Of the sites, 1.3 percent are 5G sites. About 36.8% of all sites are 2G sites, making up the greatest percentage of all sites.
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