ABN Amro: omzet sector telecom +1% in 2012

Dutch telecom sales to slow to 1% this year - study

ABN Amro expects sales growth for the 2012 telecom and internet market to slow to 1 percent. Although providers are adjusting their rate plans, it will take some time before there is an impact on sales. Revenues from voice and SMS will continue to decline, pulled down by the growing use of alternative apps. Consumers this year will also look to save, faced with a continuing recession and falling weaker purchasing power.