Report: Slow growth forecast in mobile service revenue

Mobile service revenue growth will slow to 4 per cent in 2011 as the sector approaches the $1 trillion revenue mark, according to a new report from research firm Strategy Analytics.

The research firm, in its report forecasting mobile usage trends for 2011, predicted Mobile subscriptions will pass 6 billion this year as the world heads toward 100 per cent penetration rate by early 2014. Operators will try to gain subscribers in new connected device categories even as a decline in traditional mobile voice revenue will contribute to a drop in revenue growth.

"2010 was a good year overall for mobile operators due to the improving macro-economic climate," Phil Kendall, Strategy Analytics' director of wireless operator strategies, said in a statement. "However, we will not see a return to pre-recession growth rates as subscription growth moves to more marginal industry segments and mobile voice, the industry cash cow, reaches its peak."

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