A report in the U.K.'s Evening Standard cites Charles Dunstone, CEO of Carphone Warehouse, as predicting that the economic downturn will affect the mobile industry. Carphone Warehouse expects its fixed line offerings to overtake its wireless offerings as the lead revenue generator: That's a first for the company. Carphone noticed that during the past three months mobile connections climbed just 12 percent, down from 19 percent this time last year, but the coming year looks bleaker, according to the company, which expected just 8 percent to 10 percent growth.
For more on Carphone Warehouse's forecast:
- read this article from the Evening Standard