Companies in line for $200bn boost
Nick Clark is the arts correspondent of The Independent. He joined the newspaper in June 2007, initially reporting on the stock markets. He has covered beats including the City, and technology, media and telecoms and made the switch to arts in December 2011. He has also contributed articles to the sports section.
Tuesday 11 October 2011
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.
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