Tuesday, December 16, 2008

Mobile revenue to hit $1 trillion in 2013

According to Informa Telecoms & Media, the global mobile subscriber base will surpass five billion in 21011 with a revenue hitting the $1 trillion mark by 2013. It took over 20 years to reach the three billion subscriber mark, with the next 1.9 billion net additions forecast in just six years. 

As such, total annual revenues derived from mobile operators will grow by over a third from $769 billion in 2007 to $1.03 trillion by 2013. Can you imagine by then we can almost reach anybody by the just 1 click. There was never a device in the history of mankind that had so much intimate and personal connection to us and it only took less than 20 years for more than half of the population on earth to have one. Pretty amazing huh...

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