Value of New Zealand's Telecoms Industry expected to grow to new high of $6bn.

The fortunes of New Zealands telecommunications market have seen a definite upturn in 2003, and the trend will continue into 2004. This report found that New Zealands telecommunications market in 2004 will exceed $6 billion for the first time and that growth in Telecommunications services revenue is predicted to be 6.7%. Growth will especially be evident in the data market, with forecast predicting 10% growth,bringing the market value to $900 million for 2004. The mobile market is expected to approach $1.5 billion by late 2004, with Vodafone further increasing its market share.

Research and Markets announces the addition of the 2004 Telecoms in New Zealand report to its offerings.

The fortunes of New Zealands telecommunications market have seen a definite upturn in 2003, and the trend will continue into 2004. This report found that New Zealands telecommunications market in 2004 will exceed $6 billion for the first time and that growth in Telecommunications services revenue is predicted to be 6.7%. Growth will especially be evident in the data market, with forecast predicting 10% growth,bringing the market value to $900 million for 2004. The mobile market is expected to approach $1.5 billion by late 2004, with Vodafone further increasing its market share.

The Internet Service Provider (ISP) market in New Zealand continues to be a battle between the 'Big Three; however, forecasts in this report expect that 2004 will produce industry consolidation, thus there will be no room for 3 mobile players. The dominance of incumbent Telecom is coming under increasing commercial pressure from TelstraClear and Vodafone, as well as increasing regulatory pressure from a Telecommunications Commissioner whos already shown a willingness to favour competition.

Attention seems to have been all on broadband in 2003, with several networks rolling-out and extending to meet the demands of government, as well as business and residential users.

For a complete index of this report click on http://www.researchandmarkets.com/reports/41585

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