Saturday, January 22, 2005

Cell phone market could reach 2 billion users in 2005: "The global mobile phone market is set to grow to 2 billion subscribers by the end of 2005, fuelled by strong demand from developing economies in Asia and Latin America, Deloitte & Touche said on Tuesday.

"The consulting firm said it expected voice calls to continue to be the primary driver of profits and revenues for mobile phone companies, with volumes continuing to grow steadily on the back of falling prices and rising ease of use.

"Mobile penetration would surpass 100 percent in some markets as users take a second connection for data or for personal use. The mobile industry had 1.5 billion users in June last year."

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