Turkey Telecommunications Industry: 3G Services Uptake Increased 16.5% Y-O-Y
Turkish telecommunication market is following the same trend of rapid growth as its economy, with higher value services such as fibr e -optic broadband and 3G/4G services adding upside to the operator's revenues. However, the Prime Minister's comments that Turkey should stop developing 4G services and skip straight to 5G add downside to our outlook. This could lead BMI to downgrade its LTE outlook should the 4G spectrum auctions postponed to August 2015 be cancelled or delayed again.
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