Saturday, 24 February 2018

Downturn to delay 3G in emerging markets - Fitch

By Mary Lennighan, Total Telecom
Tuesday 21 April 09

Ratings agency predicts slower capital spending on 3G; Asian 3G contests could be delayed, but licensing to go ahead in Latin America.

The global economic downturn could see planned 3G licence award procedures placed on hold in some emerging markets in Asia and eastern Europe, according to Fitch Ratings. However, speaking on a teleconference focusing on capex trends in emerging markets on Monday, the credit ratings agency also predicted that 3G auctions will go ahead as planned in Latin America this year. In emerging Asian markets where there are commercial 3G services take…

The global economic downturn could see planned 3G licence award procedures placed on hold in some emerging markets in Asia and eastern Europe, according to Fitch Ratings. However, speaking on a teleconference focusing on capex trends in emerging markets on Monday, the credit ratings agency also predicted that 3G auctions will go ahead as planned in Latin America this year. In emerging Asian markets where there are commercial 3G services take…

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