REASONS TO CHOOSE GEORGIA:• High Demand for New Technologies
• Successful Implementation of Advanced Technologies
• Extensive Fiber Optics Network
• Skilled & Qualified Workforce
HIGH GROWTH Georgia s Telecommunications industry has recently experienced robust growth and expansion of the market with introduction of the latest ITC technologies. Telecommunications is one of the fastest developing industries in Georgia.
Today Georgia has 3 million mobile (69% of total population) subscribers and total mobile network coverage is above 97% of the populated territory of Georgia.
Total industry revenues in 2007 were more than GEL 1.2 Billion,
compared to GEL 596,000 in 2004. With introductions of new technologies,
officials expect this number to increase significantly.
Increased internet usage also introduces many technology-related investment opportunities. Currently, 38% of residents in the capital city, Tbilisi, use the internet. Since the beginning of 2008, the number of Tbilisi residents who use the internet has doubled. In other major Georgian cities, internet usage rates vary between 20-31%.
These rates are significant when compared to other regions around the world.
Source: Internet World Statistics, Miniwatts Marketing Group.LIBERAL LEGISLATION
In Georgia, recent “Electronic Communications” legislation has opened up opportunities for investors and entrepreneurs across the whole ITC sector. Licensing requirements have been liberalized, requiring licenses only needed for radio frequencies and numbering resources.
KEY COMPONENTS OF GEORGIA S ITC NETWORK:
• Submarine Fiber Optic Cable
• Wireless and Land Broadband Service
• 3.5G Systems Introduced
USAGE STATISTICS:
• Mobile Subscribers 3,060,438
• Internet Subscribers 1,300,000
• Fixed Wireless network subscribers 239,313
• PSTN subscribers 590,909
ICT SECTOR STUDY (PDF, 1.4 MB)ICT INVESTMENT PROPOSAL (PDF, 1.2 MB)
