Turkey Telecommunications Industry: 3G Services Uptake Increased 16.5% Y-O-Y

Fast Market Research announces the availability of a new Business Monitor International report, "Turkey Telecommunications Report Q4 2015" on their comprehensive research portal

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Boston, MA -- (SBWire) -- 08/14/2015 --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.

Get More Details on this Report and a Full Table of Contents at Turkey Telecommunications Report Q4 2015

Key Data

- Data services continue to grow through 3G uptake, data from telecoms authority ICTA suggests that 3G services uptake increased 16.5% y-o-y to Q1 2015 from 51mn to 59.4mn

- Fibre internet has shown similarly strong growth with subscriptions up 18.5% from 1.2mn in Q114 to 1.54mn in Q115 according to ICTA. BMI believes that this strong growth will continue and bode well for the internet growth and consequently the internet penetration will increase to 47.5% in 2019 from 43.5% in 2014.

- While broadband access will remain predominantly on mobile, fixed broadband will continue to perform well because of customer's need for speeds. Broadband connections will increase to 10.2mn in 2019 from 8.8mn in 2014.

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