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Dutch mobile market slows drop in service revenues in Q3
2014-11-26 15:16:00| Telecompaper Headlines
(Telecompaper) The Dutch mobile market started to show signs of stabilisation in the third quarter, with revenues flat compared to Q2, according to research by Telecompaper. On an annual basis, mobile service revenues in the Netherlands were still down 6.4 percent to EUR 1.26 billion in Q3, but the drop slowed from an annual decline of around 8 percent in the previous three quarters. The market continues to suffer from the weak economy, which is driving a shift to cheaper SIM-only offers and low-cost brands as well as lower out-of bundle revenues. The Q3 performance is in line with Telecompaper's full-year outlook for a fall of 6.5-7.0 percent in service revenues. For the period 2014-2018, the Dutch market is expected to show a negative CAGR of 3.0 percent, reaching around EUR 4.6 billion in revenues in 2018.
Tags: service
market
mobile
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Category:Telecommunications