BMI View: We have made some positive forecast revisions for Q416 due to the high growth in the mobile
market and the 3G/4G adoption rate. We retain our positive outlook for the mobile market up to 2020.
Mobilink's acquisition of Warid in August 2016 will put significa ..."
BMI View: Pakistan has one of the strongest device spending growth outlooks in APAC over the medium
term, where an expanding population and rising incomes will allow vendors to tap the huge opportunities
offered by low device penetration rates across all three market ..."
BMI View: We maintain a positive outlook for the Pakistani mobile market going forward into our current
forecast period through to 2020. Mobilink's plan to acquire Warid received regulatory approval and the
consolidation process is now underway. This will put signific ..."
BMI View: Low penetration rates and rising incomes provide a solid backdrop for strong growth in
consumer electronics spending in Pakistan over the medium term, which should enable it to record one of
the fastest growth rates in APAC as the more mature East Asian emer ..."
BMI View: Consolidation in the mobile market - with Mobilink set to acquire Warid - puts pressure on the
remaining players, particularly CMPak (Zong), which has few strategic options other than proceeding with
its USD1bn investment in its mobile-only business. The dea ..."
BMI View: Pakistan's consumer electronics market presents many operating challenges to vendors and is a
regional laggard in terms of device spending per capita and penetration rates - but we believe it is moving
to a stronger growth trajectory as several positive tren ..."
BMI View: Warid's 4G LTE network is its most attractive asset and is the primary attraction for Mobilink
as it prepares to take over Pakistan's smallest mobile network operator. Consolidation would put additional
pressure on Telenor, but acquisitions are unlikely to f ..."
BMI View: We hold a positive outlook for the Pakistani consumer electronics market as a whole. We
undertook significant revisions in our previous report update in Q415. This quarter we have left our
forecasts unchanged. We believe that the mobile handset sub-sector wi ..."
BMI View: We revised our estimate for the size of Pakistan's consumer electronics market in the Q415
update as we believe the previous figure underestimated the development of the market in recent years.
There does, however, remain significant uncertainty about the ma ..."
BMI View: Pakistan's mobile market is one of the larger yet relatively underdeveloped mobile markets in
the Asia Pacific region. The rollout of 3G/4G services in 2014 has given the market a new impetus Mobile
data usage has increased appreciably in the last two years ..."