Relatively few competitors (Nigeria Telecom Industry)

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Few competitors mean fewer firms are competing for the same customers and resources, which is a positive for Nigeria Telecom Industry. … This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. "Relatively few competitors (Nigeria Telecom Industry)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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