Exclusive extracts from this 112-page-long report:
- What is the business?
Telecommunications service operators provide a variety of voice, data, video and internet services, either through their own fixed and wireless networks or through third-party service providers'. Customers include everything from individual consumers to corporations, government agencies and other network operators. […]
- What are the main markets?
The number of mobile-cellular subscriptions in Europe reached a record 754 million in 2016, up almost a quarter from a decade earlier. Nearly two-thirds of mobile phone subscriptions were broadband-enabled, a share that has doubled over the past five years alone. As of 2016, the average mobile phone penetration rate in Europe was 120%. Austria, Poland and the Baltic States were among the countries with the highest connectivity rates, while France, Spain, Romania and Ireland had slightly lower rates. [...]
- Who are the key players?
The European telecommunications market is highly fragmented at the regional level, although market concentration remains strong in most European countries. The vast majority of European telecommunications groups operate within a regional or domestic perimeter, with only a handful of large operators present in extra-European markets. [...]
- How intense is competition?
Competitive rivalry in the European telecom services sector has considerably intensified over the past decade, reflecting a weakening of market entry barriers, increased pricing and regulatory pressures, changing demand and technology trends, as well as a growing challenge from non-telecom operators. As shown by the steady decline in prices and industry income and profits, these factors have put considerable strain on operators' finances, raising consolidation pressures and forcing them to compete more fiercely for users and to adapt their business models. [...]