Limited revenue growth and drop in investment for the telecoms sector
BRUSSELS – For the first time in past years, investments in Europe’s telecoms sector are decreasing due to economic and regulatory uncertainty, according to the latest edition of the ETNO’s annual Facts and Figures report unveiled today at ETNO’s Innovation Day in Brussels.
Although Europe’s telecoms sector has been less negatively affected by the global economic crisis than others, revenues grew in 2008 by only 0.8% and investments decreased by one per cent, the report reveals.