November 11, 2006
High-End Cell Phones A Tough Sell
Cell phone makers want to sell pricier models, but the dearth of 3G, or third-generation, wireless networks limits their opportunities, according to Investors Business Daily
About 75% of the world's wireless networks have yet to be upgraded to 3G.
Areas without 3G include the four fastest-growing wireless nations: Brazil, Russia, India and China, known by the initials BRIC.
Only one in 10 mobile phones sold worldwide this year will be a 3G model, says market research firm Informa.
By year-end 2010, Informa forecasts that only 9% of cell phone users in BRIC countries will be using 3G phones, whereas Japan is at more than 60%."
emily | 9:48 AM |
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