BMI View: The growth of the broadband market, including fixed and mobile broadband services is, along with pay-TV services, the ray of light in an otherwise challenging outlook. Greece’s mobile market remains under pressure on numerous fronts, with consumer spending being reined in as a result of the government’s latest austerity measures and operator revenues squeezed by cuts to termination rates. Were the market less reliant on prepaid services, this would seep through to the telecoms sector only gradually. However, this is not the case and we have already seen mobile ARPUs contract sharply in H212 and H113. Key Data …
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