Financial Daily from THE HINDU group of publications
Friday, Mar 05, 2004

Cross Currency

Group Sites

Info-Tech - Telecommunications

`Global mobile industry to double'

Our Bureau

New Delhi , March 4

THE mobile phone service industry worldwide is expected to double in size to around $ 1.5 trillion driven by emerging markets such as India and China, according to Mr. Jorma Ollila, Chairman and Chief Executive Officer, Nokia Corporation.

Speaking to newspersons at the CII Telecom Summit 2004, he said that the key drivers of growth would be India, Russia, China, Indonesia and Brazil, which would account for over 80 per cent of global mobile subscriber growth in the next five years.

He also pointed out that data services would account for 27 per cent of global operators revenue in 2007, up from 10 per cent in 2002.

As regards the new rage that is sweeping across all markets - the camera phones - Mr Ollila forecast the industry is expected to sell 100 million camera phones this year.

More Stories on : Telecommunications

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
External drive from Maxtor

ADP Wilco extends BPO to financial services
Dabur outsources IT functions to Accenture
Exl appoints sales chief
`Global mobile industry to double'
Philips gears up for handset foray
TRAI to issue paper on number portability soon
Bharti inducts Ericsson ex-CEO
LG promotional scheme for PCs
SAP bullish on SMB segment
C3i plans to invest $3 m to ramp up India operations
Wipro inks pact with Brillian
New Mahindra British Telecom CFO
Sugar trading Web site slips into limbo — Industry shifts focus to starting futures
Kendriya Vidyalayas join Oracle's initiative
`IT finishing schools have enormous potential'
Wipro aims to stem attrition
PCS shortlists two firms for acquisition
Ecomtech opens today in Mangalore
BS15000 certification for Digital
New Director for Toonz

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line