Tuesday, December 30, 2014
The Worst May Be Over for European Mobile
European mobile operators' revenues are not falling as fast as they were, according to a GSMA report. Aggregate industry revenues declined 7.3% year-on-year in the first two quarters of 2014, compared with 8.4% in the whole of 2013, the report said. Third quarter results from a number of European operators have shown a further improvement in revenue trends, the GSMA added.
Of the five largest economies in Europe (France, Germany, Italy, Spain and the United Kingdom), the GSMA said the UK has shown the strongest performance, reaching close to stability in the second quarter of 2014 on a year-over-year basis (minus 0.6%), compared with a 5.8% decline in 2013 as a whole. source: GSMA report
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