Fitch Solutions Telecoms, Media & Technology Mid-Year Update: Key Themes For 2019

摘要

Key View: At the mid-point of the year, we assess the performance of our key themes for 2019, as outlined in November 2018. Thethemes are already well-established in the industry and will continue to play out throughout the remainder of the year.Key View: Our long-term view of ‘operator-as-a-service’ - where operators separate infrastructure ownership from service provisionto improve operational efficiency - was less apparent in H119, although we still believe it will play out over the longer time frame asoperators need to focus on service and content differentiation to attract and retain subscribers. The launch of 5G networks hasdistracted operators and slowed this trend in 2019. The main development has been the continued sale of passive infrastructuresuch as towers and partnerships with content and application providers.