Mobile communications is one of the fastest-growing sectors of the European telecommunications market. Services and equipment are expected to show a compound annual growth rate of 30 percent and 15 percent, respectively. In 1998, mobile- communications services in Europe will reach almost $29 billion, according to BIS Strategic Decisions. The European cellular market is expected to increase from 14.1 million customers to over 44.5 million customers by the end of the year 2000. The combined German and U.K. markets will then account for 39 percent of European cellular customers. However, wired voice services will still remain the largest sector of the telecom
munications market.
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Europe's Telecommunications Market
