MAP > Internet Providers in Serbia

As a result of the economic as well as the turbulent political periods during the year 1990s, this country started first decade of the millennium with very strong GDP development until economic crisis of the year 2009. GDP development went on and recovered but most recent is stymied by the low performance of the Serbia’s principal markets, and this does include Italy as well as Greece. Economic hurdles have gone on and prompted government to adopt the wide range of the fiscal measures to raise the revenue and this does include short term imposition of 10% tax on the telecom services.

Equally, economic difficulties, well compounded by a wide range of the regulatory measures, that saw the steady fall in the telecom market revenue for the numerous years although not all the markets, were affected equally. The telecom sector revenue enhanced in the year 2017m growing at a rate of 1% annually. Serbia’s integration with European Union, formalized by Stabilization and the Association Agreement in the year 2008. This has encouraged government as well as the regulator to be able to adopt the measures that are aimed at improving the telecoms reform.

Agreement oversees the close integration with European Union and also covers the commitments to the economic, political, and human and trade right reform. Also, as part of the European Union pre-accession process. This country has been able to receive the financial aid to build the public institutions as well as improve the cross border co-operation. This country has grown to become an official EU candidate since the year 2014. The European Union reforms have become very important to Serbia’s telecom sector. This region’s (European Union) reform have become very important to Serbia’s telecom sector. EU’s regulatory framework for the communications, adopted in the mid-2010, promoting competition as a most efficient way to be able to offer the communications products and the services while at the same time ensuring that there is universal access.

There is a considerable network investment that has been undertaken by the incumbent as well as the alternative operators in the recent years, and this is despite the economic struggles. This is what has helped to be able to stimulate the internet usage that has been bolstered by the improved affordability as well as the prices being reduced through the competition. This countries has high mobile penetration, result of the multiple SIM card use, and it has seen a low revenue in recent years.