Turkey Telecommunications Q3 2018
Data from the regulator and operators suggests healthy mobile growth, with roughly 2.8mn new subscribers. Whilemobile growth will gradually peter off over the coming years, considering the size of the Turkish market, it will still translate intonearly 7mn new subscribers over the next five years to 2022. Meanwhile, 4G growth has been stronger-than-expected and weforecast 4G subscriptions to account for 99.9% of the market by 2022. Yet, this will have little impact on mobile ARPU's, which will fallto EUR6.4, despite the additions. Broadband growth will also decelerate, but with forecast penetration at just 20%, there is still scopefor latent demand.
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