Mobile operators see 10 times more potential in social networking

The success of social networking sites such as Facebook, Bebo and even YouTube could represent the next boom for the mobile phone operators. The Guardian reports.

"Revenues from user-generated content -such as videos and blogs created by consumers rather than media organisations - onto mobile phones is expected to rise more than tenfold over the next five years, according to estimates by Juniper Research published yesterday.

Allowing the legion of bloggers, Facebook posters and comedy clip makers to upload and view each other's every movement on their mobile phone could be worth $5.74bn (£2.87bn) by 2012, according to Juniper, from just $576m this year."

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emily | 10:33 AM | Random Stats |
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