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Mobile revenue growth and outlook Q2 2009: a nadir is finally reached - Venture Insights

Report Overview

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Mobile revenue growth and outlook Q2 2009: a nadir is finally reached

PublisherEnders Analysis.
Publish Date November 29, 2009
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology.

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Overall revenue growth in the top five markets dipped yet again in the September quarter, to -3.5% from -2.0% in the previous quarter.

However, the good news is that this particular dip was entirely due to the regulatory-induced effect of accelerated termination rate cuts, caused by the reintroduction of cuts in the UK and France. Underlying growth was -0.7%, which was flat on the previous quarter.

This is the first time that underlying growth has not dropped since March 2008 when underlying growth was at a much healthier 5.3%, a full 6 percentage points better.