July 25, 2005

World Cup Football May Generate $8.5 Billion For Mobile Companies

MocoNews reports that according to estimates from Wireless World Forum, the Fifa World Cup in Germany next year could generate an additional $8.5 billion in revenues for the mobile telecoms industry.

The extra revenues would add more than 1 per cent to the global mobile industry's annual turnover of about $800bn. The report's authors estimate that the biggest single driver of the extra revenue will come from basic text messaging.

[via MocoNews]

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