-
Sector Analysis
Spain: Further Customer Migration to NGNs and Increasing Content Offerings Will Drive Up Revenue
Spain is the fifth largest telecom services market in the Western European region, with estimated revenue of $19.6bn (€18.4bn), or 1.7% of nominal GDP, in 2016. Pyramid Research expects telecom service revenue to reach $23.4bn (€19.3bn) (2.6% CAGR in local currency) as the increase in broadband lines and data traffic push up revenue. The revenue mix will continue to be dominated by mobile services due to growth in mobile data, which will be driven by increasing adoption of 4G services...