In Côte d'Ivoire, the telecommunications sector stands out as one of the most dynamic and profitable in the national economy. Since 2020, the cumulative revenues of the sector have surpassed 1,000 billion FCFA. This market, structured around nine (09) major players, includes three (03) mobile operators: Orange, Moov, and MTN, as well as six (06) telecom infrastructure providers: VIPNET, GVA, KONNECT, AWALE, MAINONE, and IHS. In 2023, the overall revenue of the sector reached 1,219 billion FCFA, marking a slight increase of 2% compared to the previous year, with total investments amounting to 244.4 billion FCFA, according to data from ARTCI. The three (03) main mobile operators continue to dominate the market, together representing 91% of the total revenue of the sector. Orange remains the leader with a revenue of 578.9 billion FCFA, a slight increase of 0.8%. The breakdown of its revenue is as follows: 205.8 billion FCFA for telephony, 208.1 billion FCFA for the internet, and 10 billion FCFA for mobile money. MTN maintains its second position with stable revenue of 333.3 billion FCFA, distributed as follows: 118 billion FCFA for telephony, 78.5 billion FCFA for the internet, and 25.8 billion FCFA for mobile money. Moov recorded the highest growth among the three major operators, with a 5% increase, totaling a revenue of 217.2 billion FCFA. Its revenues are divided into 104.1 billion FCFA for telephony, 94.5 billion FCFA for mobile internet, and 6.3 billion FCFA for mobile money. Regarding infrastructure providers, GVA stands out with exceptional growth of 316.5%, reaching a revenue of 4.2 billion FCFA. KONNECT AFRICA also showed a strong increase of 141.9%, with a revenue of 387.2 million FCFA. VIPNET experienced a rise of 114.2%, totaling 4.5 billion FCFA. AWALE recorded a growth of 22.6%, with a revenue of 3.4 billion FCFA. IHS, a key player in the sector, slightly improved its revenue, increasing from 71 billion FCFA in 2022 to 74 billion FCFA in 2023. Finally, MAINONE observed a decrease of 2.7%, with a revenue of 3.1 billion FCFA. These results highlight the strength and resilience of the segments of telephony, mobile internet, and mobile money. It is important to note that the figures related to mobile money only cover transactions made via telecommunications, not representing the entirety of the revenue generated by this service. Source: Sika finance, Web Portal MEPD Editorial Team
