20% growth for telecom market

The telecommunications market in Romania could witness 15-20% growth to $2.5bn this year, after the overall turnover of the companies in this industry reached $2.2bn in 2003, telecom analyst Nicolae Oaca on Wednesday said. “There are three infrastructures competing at the moment: the fixed, the mobile and the cable TV. 2004 could be the year of new applications, such as DECT – Digital Enhanced Cordless Telecommunication or WLL – Wireless Local Loop,” Oaca explained. In his opinion, the GSM mobile telephony operators will be the drive behind the growth of the domestic telecommunications market in 2004. On the other hand, Oaca estimates the telecommunications market will be a sector “where money will be taken from, not put into,” this year due to the upcoming general elections. ZF