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London, United Kingdom, 2008/03/08 - Report Buyer has added a new report showing that despite slowing wireless subscriber growth in Canada, wireless revenues are being underpinned by strong wireless data revenue growth.
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report showing that despite slowing wireless subscriber growth in Canada, wireless revenues are being underpinned by strong wireless data revenue growth.
“2008 Canada - Telecoms, Wireless and Broadband” reports that, for 2006, overall telecom service revenues grew 4.5% to $36 billion. The majority of the growth was accounted for by the wireless (15% growth) and broadband (18% growth) sectors. In contrast, long distance revenues fell by 7%. It is estimated that for 2007, wireless and broadband together accounted for over 50% of total telecom industry revenues.
The report shows that during 2007 the traditional fixed line sector continued to shrink as subscribers increasingly switched to wireless and VoIP services. These trends have led to calls for a lighter-handed regulatory framework. Accordingly, several regulatory reforms were legislated during 2007 which resulted in the CRTC issuing regulatory forbearance decisions in relation to numerous local residential fixed-line markets across Canada.
The authors of the report say competitors accounted for over 14% of residential local lines by the end of 2006, up from 8% in 2005, and for 16% of business lines. Cable companies in particular made significant inroads into local telephony markets, securing approximately 12% of total residential lines.
In terms of triple play developments, cable companies continue to enjoy robust growth in VoIP in contrast to the relatively tentative moves of the telcos into the broadcasting (IPTV) sector. Finally, further deregulation in telecommunication, broadcasting and new media markets is expected during 2008 and 2009, including possible loosening of Canada’s foreign investment restrictions.
“2008 Canada - Telecoms, Wireless and Broadband” is available from Report Buyer. For more information, see website.
Report Buyer product ID: BUD00241
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