Despite poor economic and security conditions, the Palestinian fixed and cellular markets are growing at a good rate. Mainlines grew at a Compound Annual Growth Rate (CAGR) of 9.2% between 1999 and 2003, reaching 332,515 mainlines by September 2004, a penetration rate of 8.8%.
A new report, released by the Arab Advisors Group, indicated that the cellular market also grew at a very healthy (2000-2003) CAGR of 24.7%, and exceeded the 850,000 subscribers mark in October 2004. The Palestinian national operator Paltel, and its GSM subsidiary Jawwal, face limited competition from the Israeli Bezeq (for Paltel), and massive competition
from four Israeli cellular operators (for Jawwal). (menareport.com)
