Yemen’s crumbling economy triggers MTN’s exit

Sydney, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Yemen-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

Rising poverty means that for a significant proportion of the population there is little chance of securing telecom services, and thus for telcos it is a challenge to generate revenue and secure sufficient surplus to invest in network maintenance or upgrades. As a result, mobile networks are largely based on GSM technology, which in turn has forestalled the creation of a mobile broadband sector.


Faced with these various difficulties, MTN Group recently confirmed its decision to exit Yemen, on the basis that its efforts provided insufficient compensation.

Read the full report: https://www.budde.com.au/Research/Yemen-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

Nicolas Bombourg: nbombourg@budde.com.au
Europe office: +44 207 097 1241
Oceania Office: +61 280 767 665

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