The Spanish Telecom Market is Expected to Generate $38.6bn in Service Revenue in 2011 and to Grow at a CAGR of 2.1% in the Forecast Period

Dublin, Ireland, October 19, 2011- The Spanish telecom market is expected to generate $38.6bn in service revenue in 2011 and to grow at a CAGR of 2.1% in the forecast period, according to new research  by Research and Markets. Two major growth segments will be broadband Internet and mobile data, which we project to grow at CAGRs of 4.9% and 15.8%, respectively. Accompanying broadband adoption, VoIP will grow at a double-digit CAGR of 24.1%, which translates into a cumulative revenue opportunity of $1.5bn.