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Business News

Companies in line for $200bn boost


Telecoms companies could potentially capitalise on $200bn new of revenue streams over the next three years, helping to offset the decline in their revenues from voice calls and a maturing data market, a report said yesterday.

John Lively, an analyst at Ovum, said that between 2012 and 2015 a total of 11 segments would see "rapid growth and burgeoning revenues, which players can capitalise on". He added that it was "imperative" for mobile operators to "avoid the consequences of stagnating revenues" by offering services including mobile broadband, fixed broadband, voice over the internet, music services and internet television.