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Wednesday, June 08, 2011

#WIRELESS: "$1 Trillion in Revenue for Mobile—Not Enough?"


Mobile network operators are creating a huge market, the size of which is matched by only a few other mega-industries. With revenue on track for $1 trillion within the next five years, analysts nevertheless predict it will not be enough for these companies to make a profit. Juniper Research recently predicted that mobile network operators will grow a trillion dollar business by 2016, but surprisingly, it also predicts that if spiraling costs are not reined in by then, mobile operators will be losing money!
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