Monday, 15 December 2008

It's a trillion-dollar industry

Cheer up, everyone. Annual revenue from mobile phone customers globally will exceed a trillion US dollars by 2013 (that's twelve zeroes), when there'll be more than 5.3 billion customers. In fact, by the end of 2013, revenue from mobile operators is expected to be up a third since the beginning of this year - and customer numbers will be up 56%. Needless to say, most of those new customers won't be coming from North America and Western Europe but from the Asia Pacific, Africa and Latin American markets. The figures - from Informa Telecoms & Media - also say voice revenue will make up the majority of that $1.03 trillion figure, although data revenue will more than double from $148 billion in 2007 to $347 billion in 2013. [Source:]

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