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Telsyte: COVID-19 ends decade-long mobile services growth streak Tuesday, 11 May 2021 11:42 Telsyte: COVID-19 ends decade-long mobile services growth streak Featured
With TPG Telecom, Optus and prepaid the most impacted, the total number of services has dropped 1.7% from 2019 levels thanks to the pandemic.
The Australian mobile services market was hit hard by the pandemic in 2020, with the total number of Services in Operation (SIOs) declining by 606,000 (or 1.7%) from 2019, compared to a typical net increase of 800,000 to 1.1 million SIOs annually since 2016, according to new research from Australian emerging technology analyst firm, Telsyte.
So, why was there decline?
We’re told it was primarily due to the reduction in prepaid handset SIOs which was impacted heavily by the disappearance of “temporary visitors” and new migrants. This was compounded by lower demand for connecting additional devices to mobile networks, in line with spending more time at home