Serbia’s Telecom Market Is Becoming Saturated, Regulator Says

Growth of Serbia’s telecom market is slowing even as the economy shakes off recession, the country’s agency for electronic communications said.

The market nominally grew 6.4 percent last year to 151.1 billion dinars ($2.12 billion), the Agency for Electronic Communications said in its annual analysis published today. The market comprising fixed and mobile phone services, media content distribution, Internet services and voice-over-Internet-protocol had average annual growth of 13.9 percent in the four preceding years.