Venture Insights - BRIEF: ANZ business fixed market to remain under pressure

BRIEF: ANZ business fixed market to remain under pressure

Abstract:

Venture Insights has now published its 2024 forecasts for the Australian and New Zealand business fixed markets. 

Venture Insights forecasts that Australian total business fixed revenues will grow at a CAGR of +1.2% over FY23/28. In New Zealand, we forecast a drop of -0.2% CAGR. The ANZ fixed telecommunications market for businesses is under pressure from the commoditisation of connectivity and the overhang of legacy service decline.