Prepay sales outselling 'post pay' 2 to 1 worldwide

Sales of 'pay monthly' contracts may be increasing in the UK, but things are different in the rest of the world. Informa Telecoms & Media says prepaid mobile services are outperforming the traditional 'contract' market at a rate of two to one. They say there were 2.33 billion prepaid subscriptions in the world at the end of 2007, generating $241.9 billion in revenue. Annual growth in prepay sales will drop to around 9% from 2007 to 2013, but will still account for over 80% of new connections. In addition, almost 29% of mobile connections in 2008 aren't expected to be the customer's main number but will be an additional handset. [Source: Telecoms.com]