European Wholesale Market Share 2008–2009: the big Picture
Ovum’s annual analysis of the size of the European wholesale market and the share of the major players demonstrates the continued importance of a telco’s wholesale business to its revenues. European wholesale revenues fell domestically and internationally between 2008 and 2009, and at a slightly faster pace than European retail revenues. Now is the time for European wholesalers to re-evaluate the effectiveness of their business models.
Executive summary
In a nutshell
Ovum view
Key messages
The European wholesale market was worth more than $48.8 billion in 2009
European wholesale revenues declined at a slightly faster rate than total wholesale revenues
Interoute, Verizon, and Tata Communications are the only carriers to maintain or increase European wholesale revenues
European wholesale market has become slightly less concentrated over the last two years
The top five wholesalers account for more than half of European wholesale revenues
BT remains best positioned in the European wholesale market
Wholesalers are expanding their enterprise business
Scope and methodology
Scope
Methodology
Market share matters in parts of the wholesale market
The importance of scale
Defining wholesale revenues
Not all wholesale revenues are wholesale revenues
European wholesale market share
2009
2008
The top ten wholesalers in Europe
Wholesalers with highest European revenues
What has changed?
Overall trends
Retail and wholesale revenues fell, but grew in previous analysis
Domestic and international wholesale revenues fell, but grew in previous analysis
Little change in the top ten wholesalers in Europe
Lower level of market concentration
BT: the European wholesale sole star
Exchange rates used
Average exchange rates into US dollars
In a nutshell
Ovum view
Key messages
The European wholesale market was worth more than $48.8 billion in 2009
European wholesale revenues declined at a slightly faster rate than total wholesale revenues
Interoute, Verizon, and Tata Communications are the only carriers to maintain or increase European wholesale revenues
European wholesale market has become slightly less concentrated over the last two years
The top five wholesalers account for more than half of European wholesale revenues
BT remains best positioned in the European wholesale market
Wholesalers are expanding their enterprise business
Scope and methodology
Scope
Methodology
Market share matters in parts of the wholesale market
The importance of scale
Defining wholesale revenues
Not all wholesale revenues are wholesale revenues
European wholesale market share
2009
2008
The top ten wholesalers in Europe
Wholesalers with highest European revenues
What has changed?
Overall trends
Retail and wholesale revenues fell, but grew in previous analysis
Domestic and international wholesale revenues fell, but grew in previous analysis
Little change in the top ten wholesalers in Europe
Lower level of market concentration
BT: the European wholesale sole star
Exchange rates used
Average exchange rates into US dollars
LIST OF TABLES
Table 1: European wholesale as a percentage of telcos’ revenues in 2009
Table 2: European wholesale as a percentage of telcos’ revenues in 2008
Table 3: Top ten wholesalers in Europe, by revenues – 2008 and 2009
Table 4: The companies most dependent on European wholesale revenues
Table 5: Average annual exchange rates into US dollars
Table 1: European wholesale as a percentage of telcos’ revenues in 2009
Table 2: European wholesale as a percentage of telcos’ revenues in 2008
Table 3: Top ten wholesalers in Europe, by revenues – 2008 and 2009
Table 4: The companies most dependent on European wholesale revenues
Table 5: Average annual exchange rates into US dollars
LIST OF FIGURES
Figure 1: Ovum’s definition of wholesale voice
Figure 2: European carriers and their dependence on wholesale in 2009
Figure 1: Ovum’s definition of wholesale voice
Figure 2: European carriers and their dependence on wholesale in 2009
