'German mobile services market contracts 0.6% in 2008'
Symbols:
VOD
Mar 26, 2009 (DMEUROPE via COMTEX) --
VOD | Quote | Chart | News | PowerRating -- The German mobile services market reached a value of EUR 19.9 billion
in 2008, down 0.6 percent from 2007, according to a report from
Telecompaper. The annual growth of EUR 438 million in non-voice service
revenues (messaging and data) was not able to fully compensate the
continuous pressure on voice service revenues. Fourth-quarter service
revenues showed a slower seasonal decrease of 2.1 percent. Compared to
the same quarter last year, services revenues showed an increase of 0.9
percent, mainly due to growth in non-voice revenues. Vodafone and
T-Mobile remain in control of the market, with 70 percent of total
service revenues over the last two years. E-Plus outperformed the
market last year, mainly in the prepaid segment, helping to increase
its overall market share by 1.0 percent to 15.1 percent. Compared to
2007, Vodafone's market share declined by 0.5 percent to 35.2 percent,
while T-Mobile only dropped 0.3 percent to 35.4 percent. O2 dropped to
fourth place with a 0.1 percent decrease to a 14.4 percent market
share. In terms of mobile subscribers, the German market increased by
1.2 million in the last quarter and by 10 million for the full year, to
a total 107 million customers. Telecompaper estimates 2009 service
revenues for the German market to come in flat to slightly lower. The
short-term negative outlook for the overall economy is not expected to
have a large impact on mobile adoption, as mobile is seen more and more
as a commodity product, according to the market researcher.
VOD | Quote | Chart | News | PowerRating -- The German mobile services market reached a value of EUR 19.9 billion
in 2008, down 0.6 percent from 2007, according to a report from
Telecompaper. The annual growth of EUR 438 million in non-voice service
revenues (messaging and data) was not able to fully compensate the
continuous pressure on voice service revenues. Fourth-quarter service
revenues showed a slower seasonal decrease of 2.1 percent. Compared to
the same quarter last year, services revenues showed an increase of 0.9
percent, mainly due to growth in non-voice revenues. Vodafone and
T-Mobile remain in control of the market, with 70 percent of total
service revenues over the last two years. E-Plus outperformed the
market last year, mainly in the prepaid segment, helping to increase
its overall market share by 1.0 percent to 15.1 percent. Compared to
2007, Vodafone's market share declined by 0.5 percent to 35.2 percent,
while T-Mobile only dropped 0.3 percent to 35.4 percent. O2 dropped to
fourth place with a 0.1 percent decrease to a 14.4 percent market
share. In terms of mobile subscribers, the German market increased by
1.2 million in the last quarter and by 10 million for the full year, to
a total 107 million customers. Telecompaper estimates 2009 service
revenues for the German market to come in flat to slightly lower. The
short-term negative outlook for the overall economy is not expected to
have a large impact on mobile adoption, as mobile is seen more and more
as a commodity product, according to the market researcher.
Distributed for DMeurope.com via M2 Communications Ltd (www.m2.com)
For full details on Vodafone Group Plc (VOD) VOD. Vodafone Group Plc (VOD) has Short Term PowerRatings at TradingMarkets. Details on Vodafone Group Plc (VOD) Short Term PowerRatings is available at This Link.
Related News
- Arizona Customers Benefit From More Than $135 Million Verizon Wireless Network Expansion in 2009 - 02/09/10
- Nevada Customers Benefit from Nearly $55 Million Verizon Wireless Network Expansion in 2009 - 02/09/10
- New Mexico and El Paso, Texas Customers Benefit From Nearly $30 Million Verizon Wireless Network Expansion in 2009 - 02/09/10
- Verizon Wireless Turbocharges 3G Wireless Services for Race Fans in Daytona - 02/09/10
- Verizon Wireless Turbocharges 3G Wireless Services For Race Fans In Daytona Beach, Florida - 02/09/10
- More News >>
UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday February 11 04:30 PM
Thursday February 11 12:30 PM
Wednesday February 10 01:00 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.
