Multimedia and VAS market with 8% increase in 2013
The multimedia and value-added services (VAS) market (including cable TV, mobile internet connections and non-core telecom services) has increased by 8 percent in 2013, according to calculations by research firm PMR. Meanwhile the traditional telecommunications market recorded a decline.
“Considering the falling revenues from traditional telecommunications services this creates an entirely new business environment for telecom operators. It is increasingly on their radar, develop the existing services and introduce new ones,” the firm said in a report.
PMR also said that while before 2013 cable TV was the main engine growth in the sector, it recorded only marginal growth last year, but remained a stabilizing factor in the market, staving off even steeper decline.