Providing market intelligence for more than 35 years

Yahoo! Finance & News

Broadband Service Providers around the World Redefining Business Models with Value-Added Services

Value-added services are the lifeline for future growth and revenues for global broadband providers, who must find ways to stay competitive as broadband services reach saturation levels, according to international research firm Parks Associates. The firm’s Broadband Services: Global Outlook (Second Edition) reports broadband penetration in South Korea exceeds 90% and many countries in Northern Europe, including Finland, Denmark, the Netherlands, Sweden, and Norway, surpass 75%. In the U.S., 66% of American adults had a high-speed connection at home as of 2010.

“Many operators in North America and Western Europe see the squeeze coming,” said Brett Sappington, Senior Analyst, Parks Associates. “Initiatives by global ISPs include remote health services, home security, energy monitoring, and entertainment services.

From the press release, “Broadband Service Providers around the World Redefining Business Models with Value-Added Services”

Previously In The News

Roku 3 tops Amazon Fire TV, Apple TV, and Chromecast in streaming player shootout

If you don't have an Internet-connected TV, or the one you have isn't able to access some services you'd like to use, you may be considering a stand-alone streaming media player. That's no surprise...

Apple Unveils Watch, Bigger-Screen IPhones in Product Blitz

According to Parks Associates, 2.8 million so-called smart watches were sold last year, along with another 13.6 million fitness tracking devices. From the article "Apple Unveils Watch, Bigger-S...

Apple could offer loyalty rewards for mobile payments

“It’s a technique worth trying,” says Jennifer Kent, a senior analyst at market researcher Parks Associates. “Mobile payments have had a difficult time getting traction with consumers.” A possi...

5 questions to ask yourself before you buy a smart watch

Smart watches have been in the tech news a lot lately—particularly since Apple introduced its much-anticipated Apple Watch last week. Still, while some analysts suggest smart watch sales will grow...