MarketInfoResearch.com
The UK has suffered from lower economic output for three of the last five
years. Economic data for the fourth quarter of 2012 showed the economy could
slide into a significant triple-dip recession. Although not in the Eurozone,
the UK during the last two years has also been obliged to contribute to the IMF
and ECB bail-outs of southern European economies, thus exacerbating its own
liquidity difficulties. GDP growth for 2013 is expected to be less than 1%,
while the government’s March 2013 budget has reflected the effects of the
stalled construction industry, lower industrial production and falling economic
output.
Total telecom revenue fell in 2011 for the third successive year, by some
£800 million, and revenue may have fallen by a further 1.5% in 2012. Partly
attributed to regulatory measures, falling revenue also reflects competitive
pressure on pricing as also consumer reluctance to overspend on services.
Investment in the telecom sector has also been affected by the economic
climate, and has been channelled principally to upgrading cable and fibre
networks, as also mobile networks with LTE technologies and additional spectrum
acquisitions.
Mobile broadband based on LTE and to a lesser extent WiMAX/WiFi will be
central to the market’s development in coming years. LTE, launched by EE in
late 2012, is expected to have wider commercial use later in 2013 following the
significant auctions held earlier in the year. Amended rules on refarming
spectrum for 4G will also hasten the take-up and range of mobile broadband
services. As a result of the network sharing deals among MNOs, it is likely
that there will be only two major LTE networks, with one Vodafone-O2 competing
with EE joined with H3.
For more information see – UnitedKingdom - Telecoms, IP Networks, Digital Media and Forecasts
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