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Telecommunications and Utilities at the Forefront of Digitalization Investment in Central and Eastern Europe, Says IDC

IDC’s recently published Semiannual IT Spending Guide: Industry and Company Size, H2 2016 shows very dynamic spending growth among telcos and utility firms, which will reach $11.69 billion in 2018 (for the two sectors combined) and will record a compound annual growth rate (CAGR) of 5.3% through 2021. Telcos and utilities will be the main drivers of the hardware market in the…

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Telekom Austria’s Q1 core profit slightly up

In the first quarter of 2017, the CEE markets, except from Belarus, continued to see a shift from prepaid to postpaid offers. This resulted in a slightly higher mobile subscriber base in the Group (+0.5% year-on-year), as the increase in postpaid subscribers more than offset the losses in the prepaid segment. The number of revenue generating units (RGUs) in the…

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IDC Predicts Lively IT Spending Growth in Central and Eastern Europe, Driven by Government and Finance Verticals

According to International Data Corporation (IDC), overall IT market spending is forecast to grow in Central and Eastern Europe (CEE), with the government and finance sectors showing the greatest year-on-year spending increase. IDC forecasts that IT spending (hardware, software, and services combined) in the CEE region will reach $62.58 billion in 2017. By 2020, it is expected to exceed $70.58 billion….

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