UK telecoms market to grow after its 2009 decline
15 September 2010 |
A pending 4G auction and proposed wholesale broadband access policies will spur competition in the UK telecoms market and increase revenue for all UK providers, according to Pyramid Research.
Pyramid projects the market will generate a revenue opportunity of £228 billion in the next five years, and that investments in new technologies will mean strong growth in broadband based services. The UK is lagging behind many western European markets in highspeed broadband infrastructure but BT says it will spend approximately $1.5 billion on its fibre network, enabling access to 40% of households by 2012.
The UK telecoms market declined by 2.3% in 2009 as a result of the global economic crisis, with the share in mobile and fixed markets reduced by 2% and 7% respectively.
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