We have not made any forecast adjustments in the latest update as the market continues to perform in line with the BMI forecast. The Norwegian mobile market is very stagnant - mobile subscriptions have remained largely unchanged for the last three years and 3G/4G growth will reach its maximum potential by the end of this year, limiting the operators' ability to benefit from upselling low value subscriptions. High-speed broadband services will be the main driver of growth in Norway's market. Fibre and mobile broadband are supplanting lower-bandwidth accesses and users are generating more non-voice traffic than ever before. The regulator's efforts to release more spectrum in the 900MHz/700MHz and 2100MHz airwaves will bode well for mobile technological innovative uptake over the coming years.
Latest Updates And Industry Developments
There were 5.99mn mobile subscribers in Norway as of June 2017 (latest data available), up slightly y-oy as the market benefits from modest M2M growth but demand for core services stagnates.