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"There
is nothing permanent except change"
(Heraclitus)
The telecommunications market in Europe is dynamic, competitive and rapidly changing. With these characteristics, it has become an important
driver of economic growth and innovation.
EU analysis estimates that revenues from wireless applications are worth
€200bn each year, representing around 2% of EU GDP. The online content
market is estimated to be worth €1.4bn and is expected to double by
2009. In many markets, analogue TV is progressively being replaced by
Digital TV. IPTV (Internet Protocol TV) is expected to rise from less
than 1% in 2004 to more than 6% in 2009.
Operators need new products to attract new clients but more importantly,
new products to retain existing ones as, in this highly competitive
market, churn rates have become significant. As a result, operators are
now investing significantly in order to understand their clients’ needs,
and identify the right product or service and the right communication
channel to effectively develop the relationship.
This new focus led us to organise the first European Telecom Forum,
which took place in Athens on the 29th and 30th of June. It represented
an opportunity to debate the industry’s needs and future direction and to share experiences and challenges among operators internationally.
We will be sharing the proceedings of the Forum in this and future
issues of e-news, and will keep our commitment to support the
telecommunication industry with our Customer Strategy Management and
Optimisation solutions.
Elio Vitucci EMEAI Managing Director, Experian Decision Analytics |