Bulgaria - Telecoms, Mobile and Broadband - Statistics and Analyses
Sydney, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Bulgaria-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
BuddeComm notes that the outbreak of the Coronavirus in 2020 is having a significant impact on production and supply chains globally. During the coming year the telecoms sector to various degrees is likely to experience a dtownturn in mobile device production, while it may also be difficult for network operators to manage workflows when maintaining and upgrading existing infrastructure. Overall progress towards 5G has been postponed or slowed down in some countries.
On the consumer side, spending on telecoms services and devices is under pressure from the financial effect of large-scale job losses and the consequent restriction on disposable incomes. However, the crucial nature of telecom services, both for general communication as well as a tool for remote working, will offset such pressures. In many markets the net effect should be a steady though reduced increased in subscriber growth.
The Bulgarian mobile services market revenue continued to grow in the third quarter of 2020, despite the declining roaming revenues because of the Coronavirus pandemic. Fixed-line service revenues were again driven by upselling in the broadband segment, enriched TV content and remote working corporate solutions. Competition is increasing and consumers are reaping the benefits as operators enhance their offerings.
Although it is challenging to predict and interpret the long-term impacts of the crisis as it develops, these have been acknowledged in the industry forecasts contained in this report.
The report also covers the responses of the telecom operators as well as government agencies and regulators as they react to the crisis to ensure that citizens can continue to make optimum use of telecom services. This can be reflected in subsidy schemes and the promotion of e-health and e-education, among other solutions.
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