BMI View: We have mixed views with respect to the Estonian telecoms market. On one hand, it is one of the region’s most developed broadband economies, with large strides having been made in the rollout of nextgeneration access technologies such as fibre and mobile broadband, However, it is also a very small market and operators have few organic growth opportunities before them, pushing them into aggressive price competition and pre- to postpaid migration strategies that have yet to deliver enhanced revenue-creation. There are few alternative operators actively challenging incumbent Elion on anything other than the mobile services front and the …
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