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Arthur D. Little - Exane BNP Paribas report 2013

4G - going faster, but where?

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Overall, 4G is unlikely to restore pricing power in the European mobile industry. We see no capacity shortage before 2020 and differentiation is elusive, with spectrum imbalances in favour of challengers. European telecom operators‘ revenues will further decline by -1.8% pa until 2016.  
If you would like your own full copy of the report, please contact
Isabelle Tisserant.

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