The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: We retain our generally positive outlook for the Turkish mobile market in our latest Q4 2016
report update. We hold the opinion that the telecoms market will be driven by advanced technologies, with
the launch of LTE services in April 2016 signalling a crucial turning point in the market dynamics, along
with the development of fibre networks in the country. We believe that this will help boost demand for
greater usage, enabling operators to monetise their investments, as well as proposing new types of offers,
such as convergence, as the market continues its development. However, we caution that the market may be
reaching saturation levels as organic growth prospects in terms of new subscriber numbers are set to
stagnate over the course of our forecast period.
? The mobile market reached 73.16mn subscriptions in March 2016, as all three operators reported growth
and a higher percentage of post-paid customers. The market lost only 7,000 subscribers in Q116, a
? The demand for data and the growing share of contract users has driven ARPU, which has increased for
all three players, reaching TRY24.7 for Turkcell, TRY25.8 for Vodafone, and TRY24.0 for Avea at end
of Q1 2016.