TECH SUPPLIER Oct 2021 - Market Perspective - Doc # EUR148275821

State of the European Telco Market, 1H21

By: Ahmad Latif AliAssociate Vice President, European Telecommunications Insights

Abstract

This IDC Market Perspective provides an overview of the state of the European telco in 2021, also considering the year 2020 and the accelerated adoption of digital technology that demonstrated the critical importance of resilient and high-speed communications.

"The first half of 2021 saw a rapid rollout of 5G across Europe, and 1Q21 financials demonstrate early signs of an economic turnaround for many of the leading operators. There were a number of industry firsts in the European telco market in 2021, specifically in the areas of public MEC and Industry 4.0, using end-to-end private networks. We also witnessed signs of market consolidation, with CSPs looking to test the resolve of EU regulators following the UK Competition & Markets Authority announcing its final approval of the joint venture between Virgin Media and O2," said Ahmad Latif Ali, associate vice president, IDC.


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