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Global mobile revenue to hit USD 1 tln plateau in 2015

Friday 5 September 2014 | 14:51 CET | News
Global mobile service revenue will continue to increase throughout 2014 but will struggle to grow after it hits USD 1 trillion in 2015, according to a report from Strategy Analytics. The report also forecasts that 4G LTE technology will account for almost half of mobile service revenue globally by 2018, up from 9 percent in 2013. However, further growth opportunities for mobile operators will be slim, according to Strategy Analytics, and will start to decline in 2019, prompting cost reduction strategies. "With limited revenue growth potential, subsidy strategies and consolidation

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Categories: Mobile & Wireless
Companies: Strategy Analytics
Countries: World
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