ETNO Annual Economic Report 2013

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Annual Economic Report 2013

Driving the digital Future

European Telecommunications Network Operator s’ Association publication November 2013


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Contents

Introductions

6

Market trends

10

Revenue and service trends

12

Investment trends

18

Broadband

20

Next generation access networks (NGA)

23

New broadband services

24

Ranking in European and World Top companies

26

Annual Economic Report

ETNO


4 European Telecommunications Network Operators’ Association

Introducing ETNO ETNO has been the voice of Europe’s telecommunications network operators since 1992. With their investment and innovation in new e-communications services and networks, ETNO member companies create economic growth & jobs and improve the daily lives of citizens. ETNO’s 37 member companies and 12 observers* from Europe and beyond represent a significant part of total ICT activity in Europe. They account for an aggregate annual turnover of more than 600 bn EUR and employ over 1.6 million people. ETNO companies are the main drivers of broadband and are committed to its continual growth in Europe. ETNO members also hold new entrant positions outside their national markets. ETNO brings together the main investors in innovative and high-quality e-communications platforms and services, representing 70% of total sector investment , 71% of total revenues of telecom services and 77% of European jobs in the sector. ETNO strongly contributes to shaping a favourable regulatory and commercial environment for its members to continue to deploy innovative and high quality services and platforms for the benefit of European consumers and businesses.

* December 2012

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ETNO members’ presence in EU and neighbouring markets

ICELAND

FINLAND

ETNO represents 38 operators in 35 countries*, far beyond the boundaries of the European Union.

SWEDEN

NORWAY

ETNO members’ total revenue from European operations amounted in 2012 to approximately 202 bn EUR.

ESTONIA

LATVIA

55 % of the turnover originates from fixed line operations, and 45 % from mobile services.

LITHUANIA

DENMARK

First estimates for 2013 would lead to revenues of 189 bn EUR with close to 56% from fixed operations.

IRELAND

POLAND

UNITED KINGDOM NETHERLANDS

BELGIUM LUXEMBOURG

CZECH REP.

GERMANY

SLOVAKIA

AUSTRIA

LIECHTENSTEIN

ROMANIA

HUNGARY

FRANCE

SWITZERLAND SLOVENIA

CROATIA BOSNIA-HERZEGOVINA

BULGARIA

ITALY

F.Y.R.O.M

(Former Yugoslav Republic of Macedonia)

ALBANIA

TURKEY

PORTUGAL

GREECE

SPAIN

CYPRUS

MALTA

1 member

3 members

2 members

4 members & more

* ALBtelecom (Albania), Belgacom, BH Telecom (Bosnia and Herzegovina), Telefónica O2 Czech Republic, Croatian Telecom, Cyprus Telecommunications Authority (CYTA), Deutsche Telekom, Entreprise des Postes et Télécommunications Luxembourg, eircom, Elisa Communications Corporation (Finland), Elion (Estonia), Finnet Group (Finland), France Telecom, Go (Malta), Invitel (Hungary), Koninklijke KPN, Lattelecom (Latvia), Makedonski Telekom (F.Y.R of Macedonia), Magyar Telekom (Hungary), OTE (Greece), Portugal Telecom, Romtelecom (Romania), Síminn (Iceland Telecom Ltd.), Slovak Telekom, Societatea Nationala de Radiocomunicatii (SNR-Romania), Swisscom, TDC, TDF (France), Telecom Italia, Telecom Liechtenstein, Telefónica, Telekom Austria, Telekom Slovenije, Telekomunikacja Polska, Telenor (Norway), TeliaSonera (Sweden-Finland), TEO (Lithuania), Türk Telekomünikasyon (Turkey), Vivacom (Bulgaria).

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Introduction Introduction by Daniel Pataki, ETNO Director

Back in 2012 ETNO released the AT Kearney report entitled “A Future Policy Framework for Growth” which pointed out areas for growth upon which ETNO association members have based their positions over the last year. These areas are: pricing of core services and networks and new NGA/LTE infrastructure; content distribution; adjacent businesses; and efficiency and scale measures, including consolidation. Shortly thereafter, in July 2012 Vice-President Kroes announced a new policy and regulatory environment for broadband investment. This was a major step forward for building investor trust and as such, ETNO welcomed the development. In 2013, the debate around the challenges faced by the telecoms sector and the need for regulatory reform intensified. In order to contribute constructively to this discussion, ETNO along with the Boston Consulting Group, embarked on a study to assess the underlying reasons for these sector challenges and proposed a comprehensive program to get the Digital Agenda back on track. The comprehensive study, entitled “Reforming Europe’s Telecoms Regulation to Enable the Digital Single Market”, quantifies the impact of the required measures. Change needs to happen otherwise the sector will keep course with its annual

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2% drop in revenues. The report estimates that the shortfall in investment needed to meet EU Digital Agenda targets for broadband coverage and penetration will aggregate between 110 bn EUR and 170 bn EUR, leading to an enormous missed opportunity for the broader EU economy: up to 750 bn EUR in GDP growth and as many as 5.5 million jobs. A pro-investment policy environment and a consolidated regulatory framework are needed in order to allow the European telecoms industry to contribute to growth and jobs in the EU. The European Commission announced its Connected Continent proposals in September of this year, combining a Regulation, Communication and Recommendation. This is proof that the telecoms industry holds centre-court and policy makers recognise that it is time to push Europe to the front of the competitive edge and regain its status as a global digital leader. As the main ICT sector association in Europe and representing those companies that invest the most in EU telecoms/ICT infrastructure, ETNO drives those initiatives that provide a sustainable Internet ecosystem and the most efficient use of the networks, to the benefit of all. As such, ETNO will be heavily engaged in the legislative process throughout 2014 and I look forward to working in close co-operation with our members on this important new chapter for our sector.

Daniel Pataki, ETNO Director


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Introduction by Luigi Gambardella, ETNO Executive Board Chair

Do you remember the days when Europe led the way for technology that served as the backbone of the digital economy? Today the Asian and North American markets enjoy that position with fibre access penetration that is up to 20 times higher than that of Europe. Obviously, their markets are larger and there are different dynamics at play, but there is still real reason for concern and we cannot afford to continue to lag behind. Cloud computing, smart grids, the Internet of Things, big data, e-Government, e-Education and e-health all rely on fast connection speeds. However, in order to achieve such velocity, innovation is needed and, more importantly, a strong economy to provide such resources. At the moment, Europe is not delivering on these fronts. Up to 750 bn EUR in GDP growth and as many as 5.5 million jobs in the economy of the EU are at risk by 2020 because of the lack of next generation network investment. Over the last five years, investment in the telecoms sector has been falling by 2% each year for almost 5 years now. By 2020, we estimate that that the shortfall in investment needed to meet EU Digital Agenda targets for broadband coverage and penetration will be between 110 and 170 bn EUR, leading to an enormous missed opportunity for the broader EU economy. Meanwhile, investment in international telecoms markets is increasing. Europe must fight to keep a seat at the global competition table!

President Barroso has recognised that the telecoms sector is far from being fully integrated. Even if we have an internal market for physical goods, we still have 28 national digital markets. We need a winning industrial strategy which recognises that the furious pace of technological change means that only substantial and rapid deregulation of basic telecoms markets promises a real solution. We also need to take a full view of the ICT value chain, including content provision, in a technology agnostic manner and with a differentiated geographic lens, based on the service provided. I often talk about level playing fields and this is because right now we are trying to play the game on a slope littered with regulatory mines and moving goal posts Therefore, we see an urgent need to update the overall European regulatory regime, to ensure a predictable and consistent approach across communications services to the extent that they are comparable and substitutable. In this way, consumers will be able to make informed choices between providers competing on a level playing field. We have to think ahead.

Luigi Gambardella, ETNO Executive Board Chair

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Introduction Introduction by IDATE ETNO represents an important part of the European telecoms industry, with its members accounting for 71% of all service revenues of telecom services. ETNO weighs even more heavily in terms of employment. More than 77% of the jobs in the sector in Europe are created by ETNO member companies.

As in the previous years, this edition of ETNO's Annual Economic Report will present the main figures on the evolution of European telecom markets and shed a light on the role played by ETNO members in these markets. The growing number of accesses and the diversification of usages show that telecommunication services continue to be high in demand and mobile and data services are indeed more popular than ever before. However, despite the positive evolution of demand, 2012 has seen a continuation of the negative growth trend that has affected the region's telecom revenues since 2009. Overall revenues of telecom services were 1.8% lower in 2012 than the year before and reached 273.8 bn EUR. Driven by rising demand for data, mobile services accounted for the biggest share of this figure with 143.3 bn EUR. Yet, despite the success of wireless broadband this figure is 1.7bn EUR lower than the year before. Like mobile, fixed Data and Internet services have surpassed fixed telephony in terms of revenue. This segment turns out to be the only one that continues to show positive growth with revenues attaining 71.5 bn EUR in 2012; up from 69.8bn EUR the year before. As expected, fixed telephony continued on its long-term downward evolution. Under pressure from VoIP and mobile communications, fixed telephony revenues have declined by 5bn EUR during the year 2012, falling to 59bn EUR.

Despite a difficult environment with shrinking revenues, telecom operators throughout Europe are upholding their investment efforts to roll out ultra-fast fibre-based fixed broadband infrastructures and fourth generation mobile networks. After significantly stepping up their investment in 2011, operators in Europe have maintained their commitment to upgrading the continent's communications networks and even spent slightly more in 2012, with total Capex reaching 46bn EUR. Of this amount, 26 bn EUR were channelled to fixed networks and 20bn EUR went into mobile infrastructures. Again, ETNO members play a leading role in this context. They account for almost 2/3 of capital expenditure in fixed (65%) and for more than half (56%) of the investments made in mobile networks. At the end of 2012, ultra-fast broadband infrastructures cumulatively passed 54% of European homes according to the European Commission. This figure includes cable networks, which enjoy a cost advantage over their telco rivals for upgrading to their networks NGA standards and which are largely unregulated. In ultra-fast broadband, cable-cos have therefore emerged as main rivals of ETNO members in many markets. Still the share ETNO members amounts to 37% of all homes passed. The above figures illustrate that ETNO members are a key pillar of Europe's telecom markets. However, if communication services are "economic oxygen" (Commissioner Kroes), the conditions must be in place for the sector to thrive. Regulatory certainty and incentives to invest in infrastructure are important elements of making telecoms the engine and facilitator of overall economic recovery in Europe.

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Didier Pouillot, IDATE Christoph Pennings, Head of Regulation Practice


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Market Trends The European telecom industry going through dire straits Across Europe, revenues of telecoms services have reached 273.8 bn EUR in 2012. This level is 1.8% lower than in 2011 and the fourth consecutive decline of aggregated revenues of telecom services in the region. The decline of fixed telephony revenues due to price competition as well as substitution of mobile and OTT VoIP services is a long-term trend, which has continued in 2012. The growth of mobile revenues has turned negative for the first time in 2011. This trend has accelerated in 2012 with revenues shrinking by 1.2%, compared to 0.4% in the previous year. Data and Internet services thus again been the sole growth drivers for the industry in Europe. Data and Internet revenues grew by 2.3% on a yearly basis, which is still healthy but well below 3.8% growth in the preceding year and the lowest growth rate in the 2007-2012 period.

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Comparing the European markets with their counterparts in the USA and Japan shows that markets have performed better in these countries. While growth in Japan is negative, too, the decrease of 1.2% is smaller than in Europe (EU5: -2.9%, ETNO perimeter: -1.8%). In the United States, growth has slowed down in 2012 compared to 2011 but remains solidly positive at 2.5% year-on-year. This evolution also translates into a decline of Europe's weight in the global telecoms services market. Europe's share of this market peaked at 30% in 2002 and has declined to 22% in 2012 (2011: 25%).

2011 the number of fixed lines fell by 5% and by 4.4% in 2010. Mobile is by far the most frequently adopted form of access with the number of lines growing moderately by 1.9%, to reach 774 million connections at the end of the year. There were nearly 160 million fixed broadband lines in 2012. This represents a growth of 4%, which is still sizeable but well below the double-digit growth levels that were still reach in 2009. ETNO members' revenues were also affected by the adverse revenue growth trend. Their total revenues across Europe and other regions reached 275 bn EUR, corresponding to a 1% decrease compared to 2011. However, ETNO members performed better than the industry as a whole which saw its revenues diminish by 2% to reach 390 bn EUR. ETNO therefore accounts for 70% of the telecom sector's revenues.

In all geographies growth of telecom services revenues has trailed GDP growth in 2012, indicating a global need to identify new levers for growth. The gap between the growth rates of telecoms services and GDP has been more marked in Europe than in the US or Japan.

Telecom operators and notably ETNO member companies continue employing a significant number of staff. Across the ETNO perimeter, its members had 668k employees in 2012, accounting for more than 77% of total sector employment in this geography.

In terms of access lines, 2012 has seen a continuation of the existing broad trends. The number of fixed telephony lines shrinks and is doing so at an increasing speed. In 2012 there were 5.7% less traditional fixed lines than a year before. In

Over al l f i gur e s Total telecoms services revenues in Europe

Fixed telephony

Data & Internet

(incl. Turkey, excl. Russia, Ukraine & Georgia) | € billion

Mobile services

TOTAL

TOTAL : 273.8

TOTAL : 278.9

TOTAL : 282.8

250

TOTAL : 285.4

TOTAL : 288.3

TOTAL : 292.1

300

143.3

145.6

143.1

144.8

142.8

150

147.9

200

2009

2010

2011

Source : IDATE

71.5

59.0

69.8

64.0

67.3

69.9

2008

65.3

2007

75.3

62.1

0

58.1

50

82.2

87.4

100

2012

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Market Trends Telecoms market revenue growth in EU compared to US/Japan & overall economic growth | % 3

Source : IDATE

2

2.5 -1.2

-.5

-1.8

-1.7

-1.8

3.0 -0.8

-1.4

-1.9

-1.7

-2.0

1.0 -1.4

-0.9

-1.5

-1.2

-1.0

-2.3

-0.7

-2.3

-2.5

-2.3

-2.3

1.8 -4.4

1.3

0.8

0.4

0

0.5

1

-1 -2 -3 -4 -5 2007-2008

2008-2009

2009-2010

2010-2011

2011-2012

Current GDP growth | % 4 3

-1 -2 -3 -4 -5 -6 2007-2008

EU-5

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EU-15

2008-2009

EU-27

EU (ETNO perimeter)

2009-2010

USA

2010-2011

Japan

2011-2012

1.1

4.0

1.5

1.1

0.9

1.0 -2.4

4.0

3.7

3.0

2.8

2.9

2.4

3.8

3.8

3.3

3.3

3.3 -6.0

-2.2

-3.2

-3.2

-3.3

-3.3

-2.3

1.9

3.3

2.7

2.2

0

2.1

1

Source : IDATE

2


13

EU telecoms market growth 2011-2012 compared to IT services & TV services ETNO perimeter

|%

1.5 1.0

0 %

IT services

TV services

Telecom services

Source : IDATE

u +1.2 %

0.5 0.0 -0.5

t -1.8 %

-1.0 -1.5 -2.0

Investment in EU telecoms sector compared to US/Japan CAPEX growth of the EU telecoms sector vs. CAPEX in the USA and in Japan

|%

8 6

7.5

6.7

0.3 -0.2

0.1 -0.1

3.6 -4.7

4.8

3.7

4.0

4.5

5.1 -2.6

0.3

1.9

3.1

4.6

-8.2

-6.3

-8.6

-7.9

-8.0

-1.0

-4.1

-1.2

-2.6

-2.0

-3.0

0

3.3

2

Source : IDATE

4

-2 -4 -6 -8 -10 2007-2008

EU-5

EU-15

2008-2009

EU-27

EU (ETNO perimeter)

2009-2010

USA

2010-2011

2011-2012

Japan

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Market Trends Fixed access lines Mobile subscribers

Access to telecoms services in Europe

Internet subscribers

(incl. Turkey, excl. Russia, Ukraine & Georgia) | million lines/subscribers

of which broadband subscribers

760.0

737.3

709.1

664.4

600

725.0

700

774.1

800

500 400

2009

2011

2012

Source : IDATE

158.7

195.1

153.7

206.8

145.7

2010

164.3

128.8

2008

160.6

126.9

2007

155.7

217.8

151.3 136.4

109.5

0

227.7

144.6 124.1

137.4

100

239.8

200

249.9

300

Teledensities in Europe

fixed teledensity

Annual Economic Report

mobile density

2009

internet density

2010

of which broadband density

2012

Source : IDATE

26.4

25.7

2011

27.3 32.5

26.8

34.5

24.4

21.0

2008

26.1

22.9

25.4

36.5

121.9 38.3

119.7

2007

ETNO

24.4

18.6

23.3

40.5

112.8 42.4

150 140 130 120 110 100 90 80 70 60 50 40 30 20 10 0

123.6

(incl. Turkey, excl. Russia, Ukraine & Georgia) | lines/subscribers per population


15

ETNO m e mb e r s Split of ETNO members’ turnover |€ billion

12 NMS*

EU-27

ETNO perimeter

outside EU-27

165.1

15.3

180.4

202.0

21.6

of which fixed

93.2

5.2

98.4

111.5

13.1

of which mobile

71.9

10.1

82.0

90.4

8.5

2011 European turnover

Source : IDATE

EU-15

202.0

111.5

93.2

98.4

100

82.0

180.4

150

71.9

165.1

200

90.4

250

8.5

10.1 15.3

0 EU-15

Source : IDATE

50 21.6

5.2

12 NMS

EU-27

ETNO perimeter

13.1

outside EU-27

Aggregated revenue of ETNO members

ETNO members’ employees

Europe + non Europe | € billion

ETNO perimeter | thousand

Share of total sector revenue = 70.5 %

Share of total sector employment = 77.3 %

E O members m s : 275.2 5 ETNO

t – 1 %

Total a sector c revenue e : 390.3 9

O members e : 667.9 . ETNO

t -2.3 %

Total sectorr employees: e 863.8 .

t -2 %

t -1.4 % Source : IDATE

Source : IDATE

0

50 100 150 200 250 300 350 400

0

200

400

600

800

1000

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Revenue & Service Trends Broadband the industry's remaining growth driver Facing intense competition and regulatory pressure telecom service revenues continued to shrink in 2012. Still growing uptake make fixed broadband the only remaining source of growth. The investment needed in order to meet EU DA targets for BB coverage has been estimated between 110 and 170 bn EUR, contributing to the overall EU economy with an additional growth of 750bn EUR in GDP and as many as 5.5 million jobs (Source: The Boston Consulting Group 'Reforming Europe's Telecoms Regulation to Enable the Digital Single Market' July 2013).

Whereas the decline in fixed-line revenues should be expected, given the negative trend for take-up of services, the 3.8% fall in mobile retail revenues despite the growing number of subscribers and the huge popularity of smartphones seems more unusual. Intense price competition between operators (MNOs and MVNOs), the substitution of OTT offers for SMS and other services as well regulatory intervention as in the case of international roaming play into this equation. Attractive broadband offers continue boosting demand with related revenues up by 3.5% in 2012.

Overa l l f i g ure s

Although traditional fixed line telephony is on a lasting downward trend, analogue telephony lines continue to be the dominant form of managed fixed access. In 2012 there were 195 million circuit-switched telephony access lines compared to merely 66 million managed VoIP lines. However, the trend clearly speaks in favour of packet-switched telephony lines. Since 2007, the latter grew by 171%, whereas the number of legacy lines shrank by 22%. This trend will accelerate as an increasing number of operators will fully switch over to All-IP networks in the years to come. The number of mobile telephony subscribers has risen by 16% over the same period, from 664 million to 774 million.

Fixed telephony vs mobile telephony take up growth + take up of VoIP services in Europe (incl. Turkey, excl. Russia, Ukraine & Georgia) | million

800 700

664.4

709.1

725.0

737.3

760

774.1 Mobile subscribers POTS lines

600

VoIP lines

500

300

249.9

239.8

227.7

217.8

206.8

195.1

200 100

24.4

34.6

44.8

52.1

59.4

66.1

2007

2008

2009

2010

2011

2012

0

ETNO

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Source : IDATE

400


17

ETNO me mb e r s

Total retail revenues

Retail services revenues in Europe | â‚Ź billion

o/w

Fixed services

o/w

Mobile services

300

2008

2009

2010

2011

Source : IDATE

85.3

84.3

169.7

89.2

87.6

176.9

90.8

94.7

184.6

93.8

0

95.8

190.7

100.6 99.7

100

200.4

200

2012

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Investment Trends ETNO members driving force behind network upgrades As the demand for data traffic in fixed and mobile networks is ever-growing, operators keep upgrading their infrastructures to NGA and LTE-standards. More than 150 million European homes are already passed by FTTx-networks and more than 22 million mobile users had an LTE-subscription in 2013.

Growing at a rate of 0.3% investment levels have remained fairly stable in 2012 after a strong acceleration in 2011.  Against the background of a shrinking market, this means that operators are devoting a higher share of their revenues to investing in new networks than before. Operators' investments in the ETNO perimeter reached 46 bn EUR in 2012. The lion's share of this sum (28 bn EUR or 61%) came from the members of ETNO.

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At 25.6 bn EUR, Capex in fixed networks continues to be higher than in mobile networks in 2012 (+0.2% y-o-y). ETNO members account for almost two thirds (64.6%) of the total amount. While ETNO members increased their spending on fixed infrastructure upgrades by 0.7% in 2012, the investments of other operators fell by 0.8%. In the mobile sector, too, ETNO member firms show a high degree of activity. They invested 11.4 bn EUR in their networks, representing 56% of the mobile sector's total investment of 20.3 bn EUR.


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Ove ra l l f i gur e s Total sector investment for 2012

ETNO members' CAPEX (ETNO perimeter) and share of total sector CAPEX | € billion

Share of ETNO members = 60.8 % 50 40

46

30

+ 0.3 %

28

20

- 0.3 % Source : IDATE

10 0

Total sector CAPEX

ETNO members' CAPEX

Investment in fixed vs mobile segments Telcos' tangible CAPEX (ETNO perimeter) | € billion

35 30.3

30.0 11.4 16.6

8.9

11.6 16.4

16.0

18.0

17.8

16.8

8.4

16.0

28.0

8.6

17.1

16.4 8.1

17.9

16.6 8.1

17.8

20 15

10.9

10.5

25

28.0

26.9

26.5

8.6

12.0

12.6

30

Source : IDATE

9.1

9.2

8.6

8.4

5

8.1

8.5

10

0 2007

ETNO members operators

2008

2009

other operators

2010

fixed

2011

2012

mobile

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Investment Trends ETNO m e mb e r s Aggregated investment by ETNO members in Europe

28.0

4.0 21.4 2.6

24.0

3.6

28.0

24.5

21.9 2.6

26.9

24.1 2.9

26.5

21.4 2.6

20

23.5 3.0

30.0

27.0

25

20.7 2.8

3.4

30

27.7 3.0

ETNO members' tangible CAPEX in Europe (ETNO perimeter) | € billion

15 10 Source : IDATE

5 0

2008

EU-15 EU-15 12 NMS

2009

2010

12 EU-27 NMS

EU-27

Outside EU-27

2011

outside EU-27

2012

ETNO perimeter

ETNO perimeter

Share of revenue devoted to CAPEX in 2012

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Annual Economic Report

EU-15

12 NMS

EU-27

ETNO perimeter

outside EU-27

Tangible CAPEX/turnover

13.1%

14.2%

13.2%

13.7%

17.7%

fixed

15.5%

16.6%

15.6%

16.0%

18.8%

mobile

10.6%

12.8%

10.9%

11.3%

16.2%

Source : IDATE

Part of turnover devoted to investment (ETNO members) | %


21

Broadband Increasing adoption of NGA and mobile broadband Broadband continues to be on the rise in Europe with 6 EU homes out of 10 subscribing to a fixed broadband service in 2012. The Digital Agenda's goal of universal availability of basic broadband has virtually been achieved with coverage standing at 100% in 17 countries and reaching 99% in the EU27 and ETNO perimeters. DSL continues to be the dominant form of fixed access, holding a 74% share of access lines in the ETNO perimeter. There has nevertheless been a gradual shift towards other technologies. Cable accounted for 17.2% of the lines at the end of 2012 compared to 16.1% a year earlier. The share of FTTH/B has grown from 3.5% of the fixed broadband market to 5.3%. More largely, superfast broadband connections now account for 16% of total (11% in 2011).

3G subscriptions have outnumbered fixed line accesses since 2009 and the gap is widening as an increasing number of users adopts not only smartphones but also other connected devices, notably tablets. While LTE adoption is still limited, increasing availability of services will drive demand and reinforce the mobile's popularity in the broadband segment.

Over al l f i gur e s Broadband penetration per technology Structure of the European fixed broadband market (ETNO perimeter) | % of total broadband connections

3.6 %

Fixed vs mobile broadband Fixed and mobile broadband subscribers (ETNO perimeter) | thousand subscribers

350

5.3 %

335.6

300 285.1

250

End 2012 73.9 %

Total fixed broadband connections in 2012 = 158.7 millions of which : DSL: 117.3

Source : IDATE

230.0

200 150 100

Cable modem: 27.3 FTTx: 8.4 Other technologies: 5.7 (LAN, FBWA, satellite…)

50

109.5

173.1 136.4 124.1

145.5

153.9

158.7

2010

2011

2012

117.5 Source : IDATE

17.2 %

77.7

2007

2008

2009

Fixed broadband subscribers 3G subscribers Annual Economic Report

ETNO


22

NGA ETNO members at the forefront of NGA deployments NGA networks continue gaining traction in the European market. More than 50% of European homes can effectively sign up to ultra-fast broadband services today. Coverage of superfast broadband services has grown by 13% compared to 2011. More than 150 million homes are now passed. Out of these, 23.7 million have actually taken a subscription at the end of 2012. Even more important is the significant growth in actual take-up of services. In 2011, 11% of the homes passed had signed up to the services, compared to 16% one year later. While this certainly still leaves significant upward potential, the trend is encouraging. In terms of FTTH/B, coverage rose to 34.9 million homes in the EU, compared to 29 million in the previous year. FTTH/B subscriptions reached 6.4 million. In the European Union, ETNO members account for 36.7% of homes passed, across all FTTx technologies. When considering FTTH/B only, this share rises to 48.5%. VDSL is also an important piece in the high-speed broadband puzzle and particularly so for ETNO members, with some of having achieved coverage of 50% of homes in their respective domestic markets. With the use of vectoring technology, VDSL becomes even more relevant. Deutsche Telekom, for instance, recently announced covering 24 million homes with vectoring by 2016.

Ov e ra l l f i gur e s Main technologies/network architecture models

Homes passed at end 2010

Total EU

ETNO members

% ETNO members

FTTH/B

34.9

16.9

48.5%

FTTx* (incl. VDSL, FTTLA, LAN‌)

150.5

54.9

36.5%

*All cable/DOCSIS 3.0 deployments are taken into account in the FTTx category

ETNO

Annual Economic Report

Source : IDATE

NGA deployment (Homes passed at end 2012 ) | million


23

NGA deployment in Europe FTTx deployments and share of ETNO members per country (end 2012)

Belgium

FTTx homes passed (000s)(1)

share ETNO

3.847

63%

6.952

D.A. 2013

digital agenda 2020

Standard (2)

VDSL (3) (4)

FTTLA (3) (4)

58%

Austria

100%

63%

36%

FTTH/B (3) 6%

100%

82%

60%

0%

Bulgaria

1.720

16%

Belgium

Croatia

670

47%

Bulgaria

100%

0%

0%

61%

Cyprus

0

100%

Croatia

97%

14%

18%

3%

Czech Republic

2.715

17%

Cyprus

100%

na

na

na

Denmark

3.596

71%

Czech Republic

98%

29%

0%

5%

685

46%

Denmark

100%

50%

54%

35%

96%

15%

64%

38%

Estonia Finland

869

94%

Estonia

France

9.660

17%

Finland

100%

na

11%

22%

Germany

36.184

34%

France

100%

0%

13%

21%

Greece

130

96%

Germany

100%

32%

55%

3%

Hungary

3.290

36%

Greece

100%

3%

0%

na

98%

7%

57%

21%

Iceland

179

40%

Hungary

Ireland

963

22%

Iceland

98%

na

na

na

3.073

97%

Ireland

98%

12%

44%

2%

883

49%

Italy

99%

8%

0%

11%

1.320

58%

Latvia

99%

25%

0%

80%

285

100%

Lithuania

98%

0%

0%

97%

0%

Luxembourg

100%

100%

0%

35%

66%

Malta

100%

na

na

na

100%

67%

37%

23% 31%

Italy Latvia Lithuania Luxembourg Malta Netherlands

0 9.558 705

49%

Poland

3.896

28%

Norway

98%

na

0%

Portugal

6.069

26%

Poland

98%

12%

12%

3%

Romania

5.147

na

Portugal

100%

0%

96%

53%

Slovakia

1.144

60%

Romania

98%

0%

17%

34%

Slovakia

93%

0%

20%

40%

Slovenia

98%

3%

35%

41%

Spain

99%

na

41%

19%

Slovenia

675

26%

Spain

10.300

21%

Sweden

2.150

44%

Switzerland

6.399

76%

Turkey

7.250

81%

UK

20.199

0%

(1) aggregated data

Source : IDATE for ouncil Europe

Norway

Netherlands

Sweden

100%

na

0%

47%

Switzerland

100%

100%

42%

17%

Turkey

100%

21%

0%

17%

UK

100%

26%

47%

1%

Total EU-15

100%

19%

34%

12%

Total EU-27

99%

17%

31%

14%

ETNO

99%

19%

29%

15%

Source : IDATE for FTTH Council Europe

Austria

Broadband coverage at end 2012(1)

(2) as a % of population (3) homes passed as a % of households (4) capable of speeds over 30 Mbps

Annual Economic Report

ETNO


24

New Broadband Services Over the Top services and applications become more and more popular Online search remains the staple food of internet usage. However, new applications keep arising with mobile broadband facilitating their development. Online search is the most frequently used service in any of the countries sampled. More than 90% of UK, French and German fixed internet users call on the services of search engines to find their way through the Internet. Social networks are another service that is highly popular and will remain being so. However, the growth of users joining social networks seems to have passed its peak. More than half of all users have already signed to a social network of virtual world and more of them will be doing so by 2017, however the progression will be moderate, ranging from less than 3 percentage points in Germany and France to 7.1 percentage points in Italy. It is interesting to note that there is no catch-up effect in Germany and France, which are the countries in which overall adoption of social networks is the lowest in the given sample. With respect to e-commerce, the picture is remarkably contrasted. Almost 80% of users in the UK and more than three quarters of German users buy online, but only 34% of Spanish users and less than a quarter of Italian fixed internet users engage in online shopping.

Overa l l f i gur e s Proportion of Internet users searching online by country in 2013 and 2017 | % of fixed Internet users 87.1%

81.9%

84.0%

60

78.8%

97.0%

93.9%

98.3%

93.9%

91.5%

80

95.3%

100

40 20

2013

0

UK

France

Source: IDATE, in "World Internet Services Market", June 2012-3

ETNO

Annual Economic Report

Germany

Italy

Spain

2017


25

Use of social networks by country in 2013 and 2017 | % of Internet users

62.0%

62.0%

72.0%

64.9%

58.5%

55.7%

40

57.7%

50

66.7%

60

71.0%

70

60.6%

80

30 20 2013

10 0

UK

France

Germany

Italy

2017

Spain

Source: IDATE, in "World Internet Services Market", June 2012-3

Proportion of Internet users shopping online by country in 2013 and 2017 | % of Internet users

UK

France

Germany

Italy

34.1%

22.5%

0

43.1%

79.6%

20

32.9%

40

73.6%

59.2%

79.2%

60

82.0%

80

64.0%

100

2013 2017

Spain

Source: IDATE, in "World Internet Services Market", June 2012-3

Use of Location Based Services by country in 2013 and 2017 | % of mobile subscribers

10 0

38.0%

29.1%

35.0%

35.0%

27.0%

20

25.0%

40.6% 30.0%

30

42.0%

40

48.5%

50

2013

UK

France

Germany

Italy

Spain

2017

Source: IDATE, in "World Internet Services Market", June 2012-3

Annual Economic Report

ETNO


26

Ranking in world & european companies Top 50 telecom operators in the world 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50

ETNO

Annual Economic Report

Company

Country

NTT AT&T Verizon China Mobile Telefónica Deutsche Telekom Vodafone Comcast América Movil Orange KDDI China Telecom Softbank China Unicom Telecom Italia Sprint Nextel Vimpelcom BT Telstra Time Warner Cable KT BCE Century Link Telenor MTN KPN TeliaSonera SingTel Bharti Airtel STC SFR Oi SK Telecom Rogers MTS Swisscom Hutchison Whampoa Telus Everything Everywhere Rostelecom Liberty Global LG U+ Ooredoo MegaFon Etisalat Portugal Telecom Belgacom PT Telkom Turk Telekom Bouygues Telecom

Japan USA USA China Spain Germany UK USA Mexico France Japan China Japan China Italy USA Russia UK Australia USA South Korea Canada USA Norway South Africa Netherlands Sweden Singapore India Saudi Arabia France Brazil South Korea Canada Russia Switzerland HK Canada UK Russia USA South Korea Qatar Russia UAE Portugal Belgium Indonesia Turkey France

2012 sales (€ million) 104377 99181 90162 69097 62356 58169 54643 48698 45805 43515 35723 34902 32953 30692 29503 27525 23061 22441 20443 16645 16437 15559 14302 13608 12808 12409 12050 11724 11697 11668 11288 11207 11047 9726 9679 9449 9033 8507 8184 8107 8025 7534 7209 6880 6834 6599 6462 6396 5506 5226

Source : IDATE

Rank


27

Top 20 European telecoms operators Company

Country

1

Telefónica

Spain

2012 sales (€ million) 62356

2

Deutsche Telekom

Germany

58169

3

Vodafone

UK

54643

4

Orange

France

43515

5

Telecom Italia

Italy

29503

6

BT

UK

22441

7

Telenor

Norway

13608

8

KPN

Netherlands

12409

9

TeliaSonera

Sweden

12050

10

SFR

France

11288

11

Swisscom

Switzerland

9449

12

Everything Everywhere

UK

8184

13

Portugal Telecom

Portugal

6599

14

Belgacom

Belgium

6462

15

Turk Telekom

Turkey

5506

16

Bouygues Telecom

France

5226

17

Virgin Media

UK

5041

18

Tele2

Sweden

5023

19

Telekom Austria

Austria

4330

20

TDC

Denmark

3509

Source : IDATE

Rank

Further information: • ALBtelecom (Albania) www.albtelecom.al

• RomTelecom (Romania) www.romtelecom.ro

• Belgacom (Belgium) www.belgacom.com

• Síminn (Iceland) www.simi.is

• BH Telecom (Bosnia and Herzegovina) www.bhtelecom.ba

• Slovak Telekom (Slovakia) www.slovaktelekom.sk

• Croatian Telecom (Croatia) www.t.ht.hr

• Societatea Nationala de Radiocomunicatii (Romania) www.radiocom.ro

• Cyprus Telecommunications Authority (Cyprus) www.cyta.com.cy

• Swisscom (Switzerland) www.swisscom.com

• Deutsche Telekom (Germany) www.telekom.com

• TDC (Denmark) www.tdc.com

• Eircom (Ireland) www.eircom.ie

• TDF (France) www.tdf.fr

• Elion (Estonia) www.elion.ee

• Telecom Italia (Italy) www.telecomitalia.it

• Elisa Communications Corporation (Finland) www.elisa.com

• Telecom Liechtenstein www.telecom.li

• POST Group Luxembourg www.postgroup.lu

• Telefónica (Spain) www.telefónica.com

• Finnet Group (Finland) www.finnet.fi

• Telefónica O 2 (Czech Republic) www.cz.o2.com

• GO (Malta) www.go.com

• Telekom Austria (Austria) www.telekom.at

• Koninklijke KPN (The Netherlands) www.kpn.com

• Telekom Slovenije (Slovenia) www.telekom.si

• Lattelecom (Latvia) www.lattelecom.lv

• Telekomunikacja Polska (Poland) www.telekomunikacja.pl

• Magyar Telekom (Hungary) www.magyartelekom.hu

• Telenor (Norway) www.telenor.com

• Makedonski Telekom (F.Y.R. of Macedonia) www.telekom.mk

• TeliaSonera (Sweden – Finland) www.teliasonera.com

• Orange (France) www.orange.com

• Teo Lt (Lithuania) www.teo.lt

• OTE (Greece) www.ote.gr

• Türk Telekom (Turkey) www.turktelekom.com.tr

• Portugal Telecom (Portugal) www.telecom.pt

• VIVACOM (Bulgaria) www.vivacom.bg

Annual Economic Report

ETNO


ETNO Members

Albania

Estonia

Greece

Switzerland

Czech Republic

Lithuania

Belgium

Finland

Luxembourg

Denmark

Austria

Turkey

Net Croatia Bosnia & Herzegovina

Malta

Portugal

France

Poland

Cyprus

The Netherlands

Romania

Italy

Norway

Deutschland *

Latvia

Romania

Liechtenstein

Slovenia

Ireland

France

Iceland Telecom Ltd.

Spain

Sweden-Finland

Bulgaria

* Deutsche Telekom Group companies who are members of ETNO: Deutsche Telekom, Hrvastki Telekom, Magyar Telekom, Makedonski Telekom & Slovak Telekom

ETNO Observers

ETNO a.i.s.b.l.  •  Av.Louise 54  •  1050 Brussels, Belgium  •  Tel:+32 (0)2 219 32 42  •  Fax: +32 (0)2 219 64 12  •  eMail: etno@etno.be  •  www.etno.eu


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