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General

Bitkom says German telecom service revenues to recover in 2018

Wednesday 14 February 2018 | 15:12 CET | News
Growth in the German telecommunications sector will be "subdued" in 2018, with revenues increasing 0.4 percent to EUR 65.9 billion, according to new research from industry group Bitkom. The "downward spiral" of telecommunications services in recent years has stopped, and the market is forecast to grow 0.1 percent in 2018 to EUR 48.5 billion in revenue. Revenue declines this year in fixed-line and mobile communications of 8.5 percent and 8.3 percent, respectively, will be offset by growth in the market for mobile data services of 6.0 percent, said Bitkom.

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Categories: General
Companies: Bitkom
Countries: Germany
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