Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: As the world's largest region by population, Asia's telecoms market presents ample growth
prospects for operators. Subsidised data and affordable smartphone prices have encouraged users in
developing markets to migrate from 2G to 3G/4G networks, creating upselling opportunities. Enthusiastic
take up of advanced telecoms and value-added services in more developed markets will decelerate the speed
of ARPU decline. That said, the global slowdown is a notable downside risk to profit growth in the nearterm.
Key Forecasts And Developments
? We forecast mobile subscriptions to grow 3.2% to 3.87bn in 2016. At 93.1% in 2015, mobile penetration
is high, yet far from saturated in less developed telecoms markets. We believe the preference for multi-
SIM ownership in large, but relatively less saturated prepaid markets such as Bangladesh, India and
Pakistan still present ample potential for organic growth.