Abstract
The UAE' s telecom market generated $5.8bn in service revenue in 2008. Since
the market has now caught up with those of the developed world in terms of
service penetration, it can look forward to healthy but not dramatic growth
over the next five years, during which we expect total revenue to increase at
a CAGR of 4.1%. The fastest significant growth segments will be broadband
Internet and mobile data, although mobile voice will remain the single largest
contributor to total revenue. A key change over the next five years is the
switch from copper to fiber fixed-line infrastructure that is currently
underway and due to be completed by 2011. As well as providing a boost to
broadband revenue, the change will enable significant growth in the pay- TV
and fixed VoIP sectors for the first time.
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