These days, service provider fortunes depend on where those firms operate, as well as their market shares and assets.
Global telecom revenue growth now is driven by the developing countries of Asia. That is unlikely to change for the next few years. In a few markets, especially India, market share is rapidly reforming, with new leaders and significant market exits.
Europe likely will remain the most-troubled market, with revenues declining, while other developed markets struggle to maintain low single-digit rates of revenue growth.
Generally speaking, that means at least some communications service providers in Asia--especially in China, India and southern Asia--will benefit from the growth trend. But service providers in developed regions will face growth issues.
What is going to change is the rate of growth, which is slowing in most markets. The developing markets of Asia will not be immune to the trend, but will show the highest rates of growth globally.
And though mobile data is the big revenue driver in emerging market Asia, mobile data profit margins will decline, as they have elsewhere.
No comments:
Post a Comment