July 15, 2003

Number of SMS messages to grow, revenues to decrease

According to Telecom Paper.nl, Telecom advisor group Ovum, in a new text messaging forecasts show that the number of mobile text messages sent per year worldwide will grow strongly and will top the 2 trillion mark by the end of 2008. Meanwhile global revenues will slow down sharply from 2005 even decreasing in Western Europe from a peak of $14.3 billion (EUR 12.8 billion) in 2006 to $12.8 billion in 2008.

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