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HD platform differentiation - Venture Insights

Report Overview

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HD platform differentiation

PublisherEnders Analysis.
Publish Date November 23, 2010
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology.
Company Apple, EE, Google, Hutchison 3G, Nokia, O2, Orange, SFR, T-Mobile Telecoms, Telefonica, Virgin Media, vodafone.

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European mobile revenue growth improved by 0.8ppts in Q3 to reach -0.3%, but all of this improvement and more was due to easing regulatory pressures, with underlying growth actually declining marginally.

GDP growth continues to improve year-on-year, but in the current low confidence environment underlying mobile revenue growth is not (yet) responding. Smartphone sales are surging, but their net impact on revenue is hard to discern.

Looking forward, the regulatory impact is likely to turn negative again for the next few quarters, so some underlying growth catch-up is required for revenue growth to stay at around zero.