September 26, 2003
Mobile Phones, a booming industry in Australia
In Australia, the mobile phone industry - at $5 billion - is now worth more to the economy than car manufacturing, reports smh.
About 14 million people are spending over $8 billion annually on their mobile phones, says a report by the industry's peak users body.
The Communications Minister, Richard Alston, who released the report yesterday, said roughly 72 per cent of the population now used a mobile phone and that last year, the number of mobiles overtook the number of fixed lines - 12.7 million mobile services compared with 11.4 million fixed services.
Four years ago, text messages accounted for only 1 per cent of revenue, but by last year that had leapt to 7.5 per cent - or about $600 million worth of messages.
emily | 2:49 PM |
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