|
Spain Telecommunications Report Q4 2009Product Type: Market Research ReportPublished by: Business Monitor International Published: October 2009 Product Code: R302-8440 Description Spain’s mobile market is beginning to show signs of fatigue but continues to grow at a good paceconsidering the penetration rate was around 120% at the end of Q209. Relative newcomer Yoigo haspassed 1mn subscriptions and is aiming for 10% of the mobile market by 2015. The operator will have afight on its hands as more established operators Movistar, Vodafone and Orange have strong financialbacking and much larger shares, which they are unlikely to give up easily. Since the start of 2009Movistar’s market share has fallen below 45% for the first time. An improved performance fromVodafone as well as Yoigo helped to reduce the operator’s market share. However, Movistar remains thelargest operator by some way with more than 10 percentage points higher market share than its nearestrival.Meanwhile Orange continues to lose market share, also affected by stronger performances from Vodafoneand Yoigo. However, the operator has seen strong growth in the number of 3G connections in itssubscriber base. Aside from Yoigo, which starts from a lower point, Orange has the fastest 3G growth inthe market. Movistar too has seen fast growth and is set to become the leading 3G operator in the market.BMI has revised forecasts for 3G subscriptions, basing them on the figures provided by the operators.While these may include a number of 3G handset holders that do not make use of 3G services we feel itgives a better view of the market’s growth. Data from CMT show only datacards over UMTS andHSDPA platforms but also reflects strong growth. BMI’s revised forecasts see almost 58% of mobilesubscribers in 2013 as 3G subscribers. Data from CMT also show a jump in fixed-line subscriptions in Q109 but BMI continues to expect themarket to show an overall decline in numbers by the end of 2009. Spain is one of the few fixed-linemarkets in Western Europe to continue to report growing numbers of fixed-line subscriptions. Despitethis BMI forecasts a slight decline beginning in 2009 which we expect to continue as subscribers look tomobile solutions for their voice services. That is not to say that the fixed-line market will see a sharpdecline. The constant growth of broadband services will go a long way to encouraging subscribers toretain their fixed-line subscriptions as the two services are bundled together. Triple-play options addingpay-TV services will also help to maintain the market in the short run. Broadband growth was slower in the first quarter of 2009 but BMI estimates that this picked up a little inQ209 and we expect the market to see good growth in 2009. However, we have revised forecasts down toreflect the slower growth seen so far in the market but expect this to remain the area of fastest growth foroperators. Table of Contents
|
|
||||||||
MindBranch has been the leading provider of industry and investment research from more than 550 independent research firms since 1992. With over 90,000 market research reports, MindBranch is your trusted source of competitive business intelligence. |