Spain Intelligence Report–September 2012

Pyramid Research expects the telecom market in Spain to generate a total service revenue of $33.5bn in 2012 and to grow over the next five years to $36.61bn. Due to the economic recession and volatility of the euro exchange rate, the market will contract in dollar terms in 2012 and 2013 before rebounding in 2014.

However, there are a number of telecom sectors that we expect to experience continuous growth over the forecast period, including fixed VoIP and mobile data.

via Spain Intelligence Report–September 2012.

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