Forecast: Number of Fixed Telephone Subscriptions in Ghana

The number of fixed telephone subscriptions in Ghana was recorded at 328.43 thousand in 2023. From 2013 to 2023, there have been fluctuations with significant year-on-year variations like a 19.91% increase in 2017 and a 8.74% decrease in 2016. Over the last two years, the year-on-year variation showed a 4.68% increase in 2022 followed by a 0.48% decrease in 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 3.36%, indicating moderate overall growth.

Looking forward, forecasts indicate a steady increase in subscriptions with a projection of 344.94 thousand by 2028. The forecasted 5-year CAGR stands at 0.78%, suggesting a modest growth rate, while the cumulative 5-year growth rate is anticipated to be 3.96%.

Trends to watch for include:

• Impact of technological advancements on fixed-line services.
• Consumer shift towards mobile and broadband services.
• Regulatory changes and governmental policies affecting the telecommunications sector.