Telecom Outlook – Key Trends, Growth Areas and Challenges in Europe

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  • Mobile data consumption per user and fixed data consumption per household are projected to significantly grow over the next 6 years. To address the anticipated surge in demand for telecommunications data services and fibre connection, the rollout of optical fibre networks and 5G technology will need to be fast-tracked.
  • The EU 27 and UK have seen a steady climb in FTTH/B homes passed[1]. However, there’s a big gap between how much optical fibre is available and how many people are using it, despite projected increases in the take-up rate.
  • European 5G coverage has improved, with differences between countries and urban and rural areas, but the 5G adoption rate is still at a low level and needs to increase to monetise the investment.
  • Fierce competition in the European telecom market has led to a low ARPU (Average Revenue Per User) level, hindering investment capacity and leading to a high capex intensity ratio. Therefore, in a fragmented European market, the significant additional investment required to improve the coverage of new infrastructures and technology may contribute to the acceleration of the consolidation trend.
  • Additional strategies will continue to be sought to minimize the impact of such investments on the telecom operators’ creditworthiness, involving players from diversified industries.


[1]      The FTTH/B homes passed = The potential number of premises to which a service provider has the capability to connect to a FTTH/FTTB network in a service area.



Telecom Outlook – Key Trends, Growth Areas and Challenges in Europe

2 May 2024



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