BMI View: The maturity of the Dutch telecommunications market means there is considerable demand for converged product packages. Thus, those operators able to offer fixed-line telephony, high-speed internet access and pay-TV, alongside mobile connectivity should – in theory – do well. However, competition in this arena is fierce and this is driving down prices. Falling revenues are therefore weighing on profit margins and operators are being forced to upscale in order to continue growing. KPN recently increased its stake in FTTH operator Reggefiber and acquired a handful of regional ISPs. Liberty Global Inc took a small stake in rival cable …
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