European voice telephony market in slow decline but well worth fighting for, says IDC.

0 Comments | M2 Presswire, January, 2003

M2 PRESSWIRE-29 January 2003-IDC: European voice telephony market in slow decline but well worth fighting for, says IDC(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:01292003 London, UK -- The Western European fixed-line voice telephony market is going through a transition period. This is mainly due to continuing consolidation in the service provider community coupled with major restructuring within the indigenous European PTTs in turn caused primarily by high debt levels.

The result is a market with considerably fewer players that are far more focused on core strengths. The effects of the adverse global economic conditions and international terrorism have led to a stabilization of telecom market revenues as minutes of traffic, particularly in the business sector,...