By Heather McLean, 11 April 2002 12:55
NEWS The US mobile market has continued to grow year on year and will not reach the saturation-point that Europe is currently experiencing until around 2005. While the European mobile industry has reached saturation levels of 75 per cent in some countries, the US market still has a long way to go, according to research. The report from the US-based Telecommunications Industry Association shows the US market will reach a value of around $116bn during 2002 - up 8.5 per cent on 2001. That figure includes $87.6bn spent on services which is expected to rise as high as $130bn by 2005. Michelle de Lussanet, telecommunications analyst at Forrester Research, said of Europe's saturation: "Some countries experienced negative growth between 2001 and 2002 as consumers have not bothered to renew pre-paid or one year contract subscriptions."
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