Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Spain - Telecoms, IP Networks, Digital Media and Forecasts

Spain telecoms market: Industry accounts for around 4% of national GDP


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-22 12:23:01 - Spain - Telecoms, IP Networks, Digital Media and Forecasts - a new market research report on companiesandmarkets.com

Spain´s telecom market is one of the largest in Europe, accounting for around 4% of the country´s GDP and directly employing some 67,000 people. The continuing economic turmoil has resulted in considerable financial constraints on consumers, resulting in a steady fall in revenue since 2008. In the mobile sector the number of subscribers has also fallen as customers drop multiple SIM card use. Mobile traffic volumes are now lower than in 2008.

Telefónica still controls the bulk of national and local infrastructure, and despite a decade of deregulation it dominates the fixed-line voice market and accounts for more than half of the broadband market. Fixed-line operators trying to break Telefónica´s hegemony include ONO, Jazztel, Vodafone, Euskaltel and Orange. Key regulator measures

 

 

have facilitated growth in the broadband market, while the 2013 co-operative network share and build agreement between the main players Telefónica, Vodafone and Orange will do much to extend FttH infrastructure nationally, and so speed up customer take-up of fibre-based services.

Mobile market

By mid-2013 all MNOs had launched commercial LTE networks, which are expected to extend to most most of the country by the end of 2014. With this infrastructure in place, the operators will be better positioned to develop m-commerce and contactless payments. In mid-2013 Telefónica partnered with the Spanish banks La Caixa and Santander to deliver m-payment services and a digital wallet. Users can combine existing credit cards into the digital wallet and can send and receive funds via their mobile phone using the recipient´s phone number. Spain has been at the forefront of m-commerce in recent years, with Barcelona having become one of the country´s first contactless cities following a project between banks, the City Council and merchants.

Click for report details: www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..

Browse all Telecommunications Market Research Reports www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..

Browse all Telecommunications Company Profile Reports www.companiesandmarkets.com/Market/Telecommunications/Company-Pr ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com