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EU Internet Access Revenues Grow by 10% in 2008
By: MarkJ - 29 July, 2008 (2:13 PM)

The European Information Technology Observatory (EITO) reports that revenues from private Internet access connections grew by around 10.2% (26.6bn) in 2008, which compares with 11.4% in 2007. The research also predicts that there will be 114m broadband Internet connections in Western Europe by the end of this year:

European 2008 Internet Access Revenue Growth

By far the largest single market in Europe is Germany, with estimated revenues of 8.4bn Euros for the year 2008. This represents a plus of 8.5% compared to last year and a market share of 25% in the EU.

Innovative additional services and falling prices are helping the connections business to achieve vigorous growth, said EITO Chairman Bruno Lamborghini. Fast Internet connections are being offered today in combination with low-priced telephone flat rates or online on-demand services for movies and music.

France is recording the strongest growth among the EU countries with the largest populations, with an increase in revenues of 22.5%, to 4.6bn Euros. Great Britain, also with 4.6bn Euros, is achieving growth of 7.2%. France and Great Britain each have a market share in the EU of 13.6%.

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