January 24, 2005
Two billion mobiles ring round the world
Nearly two billion mobile phones will be in use by the end of this year. Several countries, notably Sweden and Finland, will have more active mobile accounts than people. Even the UK will have more active phones than people older than 10, reports Belfast Telegraph.
"These are the astonishing conclusions of a study published by the Deloitte accountancy. The research found that growth in China - where more than a million new subscriptions are taken out every week - Russia and across Asia are powering the sector.
Although new services such as video texting and data transfer are growing, voice still accounts for more than 80 per cent of mobile revenues - a market worth $1 trillion (£530bn) a year.
However, other areas are becoming more important. Tony Cooper, a partner in Deloitte's technology, media and telecommunications unit, said that the market for ringtones is expected to be worth $3.5bn this year.
Mr Cooper added that 3G services were still taking time to catch on, largely because of the lack of availability of handsets that can use them, while the popularity of new innovations such as camera phones did not mean that these services were taking off.
"Only about 10 to 15 per cent of people with camera phones actually use them to send pictures," he said.
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