Research and Markets: Iceland - Telecoms, IP Networks, Digital Media and Forecasts - 2012

Research and Markets (http://www.researchandmarkets.com/research/bxxg4r/iceland_telecoms) has announced the addition of the "Iceland - Telecoms, IP Networks, Digital Media and Forecasts" report to their offering.

Continuing economic turmoil effecting telecom sector revenue

Iceland - Telecoms, IP Networks and Digital Media and Forecasts, provides a comprehensive overview of the trends and developments in the telecoms market in Iceland. It incorporates the regulator's market data to mid-2011, operator data to the end of 2011, and market developments into 2012. The report provides an overview of the telecoms market including the mobile voice and data, broadband and digital media sectors.

With one of Europe's smallest economies and markets, there is little room for growth within Iceland's telecom sector. The market continues to suffer from the grim effects of the ongoing economic downturn, a situation which is likely to persist for the next two to three years at least. Iceland recorded Europe's first and worst economic collapse during the downturn in 2008, though telecom revenue proved more resilient than many other sectors - mainly due to the nature of its being a crucial utility. Investment crashed by about 50% in 2009 as a result of liquidity difficulties, though it has since recovered and further growth, though slight, is anticipated in 2012 and 2013 as the incumbent operator continues to upgrade its fixed-line network with FttH.

The government's economic forecast for 2011-2016 predicted that the economy would grow 3.1% in 2012, driven by increased investments and consumption. Unemployment will remain high but fall steadily with economic growth.

Market highlights:

• Broadband adoption in Iceland remains among the highest in the world. FttH networks have been stimulated by government policies to deepen the fibre footprint in the capital and major outlying towns. Fibre is laid as standard in new-build zones and redevelopments, providing an important stimulus for high-end IP-delivered services.
• The government ITC policy to 2012 is geared at enabling public services including health, education, government procurement, telecommuting and teleconferencing to be available online via a coordinated network, so stimulating further broadband uptake.
• The mobile sector remains dominated by Siminn and Vodafone Iceland, with the two smaller players having secured only 6% of the voice market. Nevertheless, they have capitalised on their ability to offer 3G services in the 900MHz spectrum band, accounting for 55% of mobile data traffic in 2010.
• Siminn was fined ISK400 million for abusing its market dominance, restricting the ability of new entrants to gain a foothold.
• Skipta plans to invest almost ISK3 billion by the end of 2013 to complete its Ljosnet FttH network, providing 89,000 households with access to up to 100Mb/s services
• May 2012
• Data in this report is the latest available at the time of preparation and may not be for the current year.
• This report provides a comprehensive overview of trends and developments in Iceland's telecommunications market. The report analyses the mobile, internet, broadband, digital TV and converging media sectors. Subjects include:

Companies covered in this report include:

• Vodafone
• Siminn
• Nova
• Tal

Key Topics Covered:

1. Executive summary

2. Key statistics

3. Telecommunications market

4. Regulatory environment

5. Fixed network operators in Iceland

6. Telecommunications infrastructure

7. Broadband market

8. Digital media

9. Mobile communications

For more information visit http://www.researchandmarkets.com/research/bxxg4r/iceland_telecoms