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Wireless

Spain: more consolidation likely as mobile market contracts 13%

Friday 2 May 2014 | 11:20 CET | Author: Alejandra van de Roer | Background
The Spanish market is showing the first signs of consolidation, following the acquisition of cable operator Ono by Vodafone for EUR 7.2 billion. This is one of the inevitable consequences of a tough telecom market such as Spain, as smaller operators join forces in order to compete. Even though converged service bundles are providing some growth, Spanish mobile service revenues fell 13.0 percent in 2013. Also in terms of customers the mobile market contracted by 4.1 percent to a total 51.0 million, mainly due to the decline in prepaid and a large drop in postpaid clients at market leaders

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Categories: Mobile & Wireless
Companies: Euskaltel / Ibercom / Jazztel / Masmovil / Ono / Orange Spain / R / Telecable / Telefonica Espana / Vodafone Spain / Yoigo
Countries: Spain
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