ITRefresher

$ 72 bn opportunity for mobile broadband technology vendors in 2010 >>

Mobile Broadband services may have to wait little longer before actually entering India. But globally mobile service providers are eagerly looking forward to tap this opportunity as demand from consumers to have high-speed access to internet while on the move keeps on increasing rapidly.

The ongoing GSMA hosted Mobile World Congress saw global operators committing to invest as high as $ 72 billion capex in mobile broadband technologies in 2010. In fact capex on mobile broadband will comprise 52% of total capex announced by operators. This is a huge opportunity for telecom vendors who, apart from the Chinese players Huawei and ZTE, are struggling with their financial performance.