Telecom Market In Newzealand Grew By 2% Although Fixed-line Voice Market Declined
2009 New Zealand – Telecoms Overview & Analysis Report ( http://www.bharatbook.com/Market-Research-Reports/2009-New-Zealand-–-Telecoms-Overview-Analysis.html ) provides a detailed overview including statistics, forecasts and analysis of the regulatory infrastructure, fixed network voice and VoIP sectors of the New Zealand telecommunications market, as well as an overview of the key market players and global trends.
Market statistics and forecasts
Data and broadband continues to be a strong market driver although broadband revenues dropped significantly on what was anticipated due to weaker than expected results from Telecom. Pay TV revenues were weaker in the 2008 financial year than previous years due to a soft local economy. Revenue growth rates in this sector are predicted to pick up again in 2008/09 and reach a growth rate of 8% in 2009/10.
The total telecoms market in New Zealand grew by 2% to $7.1 billion in the 12 months to June 2008. New Zealand telco market will grow around 2.3% in 2008/09 and 3.5% in 2009/10, although these growth rates could be up to 1% lower, depending on the severity of the global financial crisis.
Fixed-line voice market (voice calls and local access) revenues continue to decline and has been losing overall share of telecom services market for several years. Overall the fixed network voice market declined by 4% in 2007/08 to $2.53 billion and it is predicted that it will decline a further 5% in 2008/09 and 6% in 2009/10, as phone call prices and volumes continue to drop and more people give up their traditional home phone line. Long-distance calling prices in particular continue to fall.
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