COMPANY NEWS: New Zealand’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 2.5% from $1.5 billion in 2024 to $1.7 billion in 2029, driven by the mobile data services segment with rising adoption of 5G services, forecasts GlobalData, a leading data and analytics company.
Singapore’s fixed communications service revenue is expected to decline at a compounded annual growth rate (CAGR) of 0.7% from US$1.7 billion in 2020 to US$1.6 billion in 2025 as any growth in the fixed broadband service revenues will fail to offset the continued decline in fixed voice service revenues, according to data and anaytics firm GlobalData.
Total telecom and pay-TV services revenue in Japan is set to grow at a moderate compound annual growth rate (CAGR) of 2.3% between 2018 and 2023, according to a new analyst report.
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