BMI View: The Australian telecommunications industry is one of the highest value markets in Asia Pacific and even the world, underpinned by high incomes and strong uptake of higher value services such as broadband and smartphone handsets. However, subscription growth opportunities are severely limited in the years ahead due to the highly saturated nature of the market. Operators are increasingly focused on value generation strategies, although the ARPU downtrend demonstrates this has yet to pay off dramatically. However, the market is currently seeing high levels of investment in next generation broadband technologies which we believe will buoy ARPUs throughout 2013. …
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