DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/11f9f9/norway_telecommuni) has announced the addition of the "Norway Telecommunications Report Q1 2012" report to their offering.
The Q112 update to BMI's Norway Telecommunications Report contains the latest forecasts covering the country's mobile, fixed-line, broadband, internet and 3G markets, which have now been extended through to 2016. There have been no significant developments in the country's mobile market. We have therefore left our forecasts unchanged, believing they represent an accurate picture of how Norway's different telecoms market sectors are progressing based on operator data for the first nine months of 2011.
Based on the available data from operators TeliaSonera and Telenor, BMI estimates Norway had about 5.620mn mobile subscribers at the end of Q311 and a penetration rate of 114.2%. The market and operators rebounded following a weak Q410 and Q111, with net additions of 31,000 subscriptions in Q311, equalling the achievement seen in Q211. Despite the uptick in subscriber growth in the six months to September 2011 we hold to our long-term view that saturation of the market is close at hand and that operators focusing on customer acquisition strategies will be less successful than those looking to retain customers and enhance their value proposition. We expect Norway's network operators to continue emphasising the development of 3G, 3.5G and 4G services as a way of driving future growth.
A key development, although with little immediate market impact, was the completion in October 2011 of Tele2's purchase of Network Norway, consolidating two of the major alternative mobile service providers in the country and giving Tele2 complete control over the fourth licensed 3G operator, Mobile Norway. We expect this to help Tele2 achieve sufficient scale to be able to compete against the larger operators in an environment of falling MTRs.
Companies Mentioned:
- Telenor ASA
- Telenor Mobil
- TeliaSonera Norway
For more information visit http://www.researchandmarkets.com/research/11f9f9/norway_telecommuni.