Broadband: CanalBox now has more subscribers than all other operators combined

Telecom
Monday, 25 July 2022 16:44
Broadband: CanalBox now has more subscribers than all other operators combined

(Togo First) - In December 2021, CanalBox became the leading provider of fixed broadband in Togo, by users. The fiber-to-the-home supplier of Vivendi Africa Group (GVA) stripped the crown from Togo Telecom. 

It doubled its number of subscribers from 18,000 to 36,000 in the past year, while Togo Telecom lost more than 4,000 of them (Ed. note: from 32,000 to 28,000). 

CanalBox dominates the market with over 54% of its shares - that is more than the shares of the other operators, including Togo Télécom, Café Informatique, and Teolis, combined.  

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But… 

Togo Telecom keeps its crown in terms of turnover. Last year, it earned CFA34 billion, its highest since 2017, while CanalBox earned only CFA5.7 billion. 

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Together, both competitors generated 96% of the revenues of the broadband market in Togo, a market worth more than CFA40,000 billion. The gap between their revenues, however, can be explained by their offers’ structures, and the types of clients that they serve. 

Indeed, although GVA has launched a business offer in addition to its residential packages for the general public - fiber to the home (CFA15,000 and CFA30,000), Togo Telecom still benefits from its historical customer base, big companies especially. Also, Togo Telecom’s offers seem more varied, including nearly a dozen packages ranging from CFA15,000 to CFA200,000 for business offers.

Fiacre E. Kakpo

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REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

 

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts  • Creation of chambers of commerce at the Court of Appeal  • Civil and commercial cases now handled by distinct clerks  • Establishment of commercial courts in Lomé and Kara  • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

 

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

 

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

 

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

 

REGISTERING A PROPERTY  (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

 

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

 

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

 

TOGOFIRST

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