Will 4G pave the path for growth?
Although 4G will quickly become essential, it will not revive the sector’s revenues.
In fact we expect that despite 4G, revenues will continue to decline in Europe: -1.8% per year on average by 2016.
The sector could return to growth if LTE smartphones generated data ARPU of EUR17/month by 2016 i.e. EUR7 higher than today’s data ARPU on 3G...