European Telecommunications Industry on a Transformation Path

Over 2009 to 2014, the European telecommunications industry was the only region in the world that did not grow, meaning the area is badly in need of some reforms. Severe fragmentation plagues the industry in Europe as each European country has typically 3 to 4 companies. Tie this in with inconsistent regulation, and generally each telecom environment vastly varies by region. Consolidation is a key trend to follow in the industry at the moment, but only happens inside of each country's borders. Legislation changes are needed in order to approve larger M&A in the telecoms industry in Europe. It may take some time, but the efforts are visible for a unified telecommunications space in Europe.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.