This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

GSMA Report Reveals European Mobile Industry At A Crossroads

Encouraging Investment Through Spectrum Harmonisation A more coordinated pan-European approach to spectrum release and harmonisation can help underpin further investments in broadband connectivity. The EU has indicated that a total of 1200MHz of spectrum should be allocated by 2015 to meet the expected growth in data traffic, but only an average of 600MHz has already been released and there are delays in allocating the Digital Dividend spectrum in the 800MHz band. If these issues are addressed, it is estimated that up to €119 billion of incremental GDP could be generated over the period to 2020, producing €23 billion of additional tax revenues and creating up to 156,000 new jobs across the region.

Reducing Barriers to Market ConsolidationWith Europe home to more than 100 mobile operators as well as nearly 530 MVNOs 6, consolidation has become a growing industry issue as operators face inconsistent spectrum policy, ongoing competitive pressures and increasing revenue declines and margin erosion. The European Commission can help reduce barriers to efficient market consolidation by simplifying merger reviews and taking a more cautious approach to the imposition of remedies.

Enabling Innovation in Content and ServicesMobile operators are working to continually expand their portfolios with new products and services that go beyond traditional core voice, SMS and data propositions. The report finds that in order for operators to continue developing new services, they must be free to create business and pricing models that are better aligned with the services that consumers desire and are willing to pay for. A regulatory framework that enables this will be a key driver for innovation.

Building Consumer Confidence in the Use of Mobile Services and Applications With mobile now firmly entrenched in consumers' everyday lives, the industry must continue to proactively address issues such as fraud, spam and privacy concerns. Consumers seek meaningful information and consistent rules that apply for functionally equivalent services. Regulators should not apply prescriptive rules to the information provided to consumers, but rather focus on ensuring transparency across the entire Internet value chain.

"Clearly, the focus needs to be on stimulating investment to achieve long-term economic growth," continued Bouverot. "The move to a Connected Life, where nearly everything and everyone are connected, presents an important opportunity for Europe to regain its leadership position. Collectively, we must create an environment that will attract and nurture investment in mobile. The single telecoms market initiative presents an important opportunity to enable this and we must get it right."

To access the report please visit: www.gsma.com/mobileeconomyeurope

GSMA Mobile 360- Europe is taking place at the Square Meeting Centre in Brussels on Thursday, 5 September 2013 at 11:30-18:30. For more information about the GSMA Mobile-360 Europe event, visit http://www.mobile360series.com/europe/

Notes to Editors 1The Mobile Economy Europe report provides a comprehensive analysis of the mobile communications industry across Europe as of June 2013. This report was prepared by GSMA Intelligence and is based on GSMA Intelligence data as well as economic impact modelling from Boston Consulting Group. This report focuses on markets within 27 Member States of the European Union (EU) but does not explicitly cover Croatia, which joined the European Union in July 2013.

2Source: GSMA European Mobile Observatory 2011

3"Mobile Wireless Performance in the EU and U.S.", GSMA and Navigant Economics, May 2013

4Source: "The Connected Life, A $US 4.5 trillion global impact in 2020", Machina Research, February 2012

5Source: "The Connected Life, A $US 4.5 trillion global impact in 2020", Machina Research, February 2012. This revenue opportunity includes service improvements and innovative new services as well as the scope to make material cost savings.

6Source: GSMA Intelligence, May 2012

About the GSMAThe GSMA represents the interests of mobile operators worldwide. Spanning more than 220 countries, the GSMA unites nearly 800 of the world's mobile operators with more than 230 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers and Internet companies, as well as organisations in industry sectors such as financial services, healthcare, media, transport and utilities. The GSMA also produces industry-leading events such as the Mobile World Congress and Mobile Asia Expo. 

For more information, please visit the GSMA corporate website at www.gsma.com or Mobile World Live, the online portal for the mobile communications industry, at www.mobileworldlive.com.

Media Contact William Parker-Jenkins+ 32 490 443 977 williamparker@webershandwick.com

GSMA Press Office press@gsma.com

SOURCE GSMA

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs