MVNO Expansion Weighs OnrnARPU Development

摘要

One year on from the launch of the first mobile virtual networkrnoperator (MVNO) in the Czech Republic, the market has grown tornaccommodate more than 50 would-be players, serving as many as 700,000 subscriptions. With their low-cost offers, MVNOs are allowingrnmobile network operators to focus on higher value productsrnand services, such as mobile broadband. However, while BMI envisagesrncontinued ARPU deterioration, we do not anticipate significantrnchanges to overall mobile subscription growth rates.