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Martin Creaner
President & Chief Operations Officer
TM Forum

Martin Creaner has been working in the Telecommunications Industry for almost 25 years and is currently President of the Telemanagement Forum (TMForum). The TM Forum is the industry body for the the global Telecommunications industry. It has 750 member companies in over 185 countries, including all the major carriers and all the leading equipment and software Vendors.

Prior to joining the TM Forum Martin held a number of executive positions with Motorola and British Telecom.

Martin is widely published and is featured and quoted regularly in business and trade journals. Martin is also the author of the leading telecoms business book “NGOSS Distilled”.


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Chinese Telecom Market moves to Pole Position

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One of the unexpected side-effects of this global recession is the way it is catapulting China to become the most important telecoms market in the world.  The combined effect of a slowdown of Capex investment across US & Europe, with the Chinese government driven Capex investment program of ~$50bn/year for the next two years, means that a staggering 50% of the global annual telecoms capex investment over the next two years will come from China.

And this may have a significant impact on the decisions around LTE.  As I mentioned in last weeks blog, LTE looks like the great hope for finally unifying mobile communications across the globe. China Mobile is a strong adherent of the TD-LTE variety and this level of investment $$ will certainly steer the suppliers thinking.  Things are moving very fast in this market.  Crucially, the service demand  is now emerging to consume the sort of bit rates that LTE is promising (~100Mb/s downlink). 

Market sentiment seems to be that China will try to rapidly leapfrog 3G and move as rapidly as possible to 4G, putting it not only in the Capex pole position, but perhaps also in the pole position for global telecoms sophistication!!


Posted 03-18-2009 3:41 AM by Martin Creaner
Filed under: ,

Comments

Jay Borden wrote re: Chinese Telecom Market moves to Pole Position
on 03-27-2009 3:01 PM

I'm the last guy to question the importance of Chinese investment in telecom these days, but something didn't seem right in the "50% of global annual capex" quotation, so I did some quick figuring.  Just taking a few of the top global telecom service providers outside of China, I come up with the following for 2009 projected capex:  

Verizon:            $18bn

ATT                   $17bn

DT                     $11bn

Telefonica           €7.5 bn

America Movil    $3bn

Vodafone           £5.5 bn

FT                      €6.9 bn

So counting rough currency translations, that's about $90bn in 2009.  And that's certainly less than half the market.  Chinese market share of telecoms capx -- if it is $50bn -- is probably no more than 25% of global.  

Not that this invalidates Martin's point...

Jay Borden wrote re: Chinese Telecom Market moves to Pole Position
on 03-27-2009 3:30 PM

Actually, more like $80M, but close enough for government work...

Martin Creaner wrote re: Chinese Telecom Market moves to Pole Position
on 03-27-2009 3:56 PM

Thats a fair comment Jay.  So a $50bn Chinese market is more likely to be somewhere between 25% - 30% of the global market, rather than 50%.  As you say, it's still the sort of sum that makes you sit up and take notice.

Online Money Coach wrote Online Money Coach
on 11-22-2009 1:13 AM

He talks about being able to start a business while you have very few expenses, and I wholeheartedly believe in that– I started my Internet Marketing business 2 years ago now, and when I started, my wife and I lived off of her 750/ month graduate assistant

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