Telecom Business Confidence Report H2 2015 Research Report By Hexa Reports
Respondents feel that the overall business confidence index for H2 2015 (October 2015-March 2016) has remained constant compared to H1 2015
(January 2015-June 2015), which indicates that the telecom industry is recovering from the ongoing global uncertainties. Moreover, an increasing
number of respondents state that the current economic conditions are stable and the future outlook remains positive in anticipation of current
trends such as increased consumption for video and on-demand TV on smart phone and mobile phone devices, growing demand for mobile payments,
deployment of wireless networks, rising demand for security applications for smart phones, and employing an Internet of Things (IoT) for effective
business monitoring and real time problem solving. Over the next six months the industry will increase its expenditure towards new product development and capital infrastructure.
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Key Findings
Economic conditions are deemed to be more favorable in North America, Asia and Australasia in H2 2015
Overall, respondents who operate in Asia-Pacific and Europe are optimistic about company growth prospects over the next six months
On average, the price of fixed voice services is expected to decrease by 1.3% over the next six months
New product development, capital infrastructure, and mergers and acquisitions are expected to gain significance for expenditure in H2 2015
The performance of eurozone is the key economic concern for respondents with business operations in Asia-Pacific and Europe in H2 2015
Expansion into new markets has gained significantly less prominence among executives with business operations in Europe during H2 2015 compared to H1 2015
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