3G worth $322bn by 2010
- Added:
- Apr 30, 2001
However, the report from the 3G industry body avoids mentioning exactly how much has currently been invested in the technology globally, making the decline in individual user revenue a potentially concerning situation for operators.
According to the UMTS forum report, “The Third Generation Market: Structuring the Service Revenue Opportunities,” 30% of the world will use mobile services in nine years' time, 28% of these will be 3G users.
The report estimates initial 3G take up to provide revenues of $50bn by 2005, rising to $270bn in 2007 - a worrying figure for companies such as Vodafone and BT, which have invested far more than $50bn already. The Forum believes that data services will represent 66% of revenues by 2010.
Global revenue from mobile services is now $270bn per year - the Forum predicts a considerable increase, with $322bn coming in from 3G subscribers alone by 2010. Voice revenues are expected to decline by 10% a year, according to the report.