GLG News Analyses of the following article:

Telekom Austria unit granted Belarus 3G licence

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Published at: www.totaltele.com

With Belarus Market Close to Saturation, Velcom Focuses on ARPU and Margin

February 3, 2010

GLG Expert Contributor

The basic mobile services are being commoditized and even regulated around the world, no reason to presume the picture will look different in Belarus. Revenue decline due to price erosion can be compensated with higher usage and additional services, which demand higher bandwidth and faster network. The rollout of 3G will help Velcom build efficient infrastructure to accommodate the increase in data usage. Growth will at least decelerate, though.

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