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Cambridge, Massachusetts - April 1, 2010 - Despite relatively slow growth predicted for Slovakia's telecom market through 2014, network and handset vendors may see new business opportunities as 3G is expected to account for roughly 70 percent of all subscriptions by the end of the forecast period, according to the latest report from Pyramid Research (www.pyr.com).
Slovakia: By 2014, 70% of Total Mobile Subscriber Base to Use 3G offers a precise, incisive profile of the country’s converged telecommunications, media, and technology sectors based on proprietary data from our research in the U.S. market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies, such as WiMax, IPTV, and VoIP. This 29-page executive study provides a comprehensive view of the U.S. communications market by analyzing key trends, evaluating near-term opportunities, and assessing upcoming risks factors. Download an excerpt of this report here.
Hit by the global economic crisis, the Slovakian telecom market contracted by 2.5 percent in 2009, generating €1.6 billion (US$2.3 billion). In terms of total telecom service revenue growth Slovakia is expected to show a low CAGR of 3.7 percent between 2009 and 2014, reaching over $2.7 billion in 2014, notes Stela Bokun, analyst at Pyramid Research and author of the report.
"The ongoing economic recovery, uptake of new services, such as 3G, and the influx of new access technologies will drive the growth of the Slovakian telecom market going forward," Bokun says. "Currently, 2.5G accounts for 66 percent of subscriptions; however, we forecast it to decrease to only 27 percent as 3G services are forecast to be used by almost 4.2 million subscribers, or 70 percent of the total mobile subscriber base by 2014,” she explains. "The opportunity is particularly great for 3G network vendors as well as 3G-enabled handset vendors. Also, Orange Slovakia has been particularly active in the area of 3G services provision, offering 3G-enabled handsets from €1 while Telefónica is in the process of rolling out a 3G network."
Slovakia: By 2014, 70% of Total Mobile Subscriber Base to Use 3G is part of Pyramid Research's Central and Eastern Europe Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments and competitive dynamics for 60 countries worldwide. Download an excerpt of this report here.
Slovakia: By 2014, 70% of Total Mobile Subscriber Base to Use 3G is priced at $990. It can be purchased online here, by emailing us at info@pyr.comor calling +1 617-871-1900. For more information about Pyramid Research's products and services, please visit www.pyr.com or contact us at info@pyr.com.
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About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technological and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading’s research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower Summit @ CTIA, as well as focused one-day events tailored for cable, mobile, and wireline executives in the US, Europe, India, and China. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About UBM TechWeb
UBM TechWeb (http://www.techweb.com), the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology. Through its core businesses - media solutions, marketing services and professional information - UBM TechWeb produces the most respected and consumed brands, applications and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web & Digital professionals, Software and Game developers, Government decision makers, and Telecom providers) actively participate in UBM TechWeb’s communities. UBM TechWeb brands includes: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat and VoiceCon; large-scale online networks such as InformationWeek, Light Reading and Gamasutra; research, training and certification services, including HDI, Pyramid Research and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology. UBM TechWeb is part of UBM, a global provider of media and information services for professional B2B communities and markets.
Press contact:
Jennifer Baker
+1 617 871-1910
jbaker@pyr.com
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