Worldwide service revenue, year-on-year (YoY) for 4Q-2012 grew 2.8% to US$240.5 billion, according to new data from ABI Research (www.abiresearch.com).
Western Europe and Africa’s mobile operator actually demonstrated a contraction in service revenue YoY of 8.2% and 6.9%, respectively, according to the research group. Middle East, Latin America, and Asia-Pacific are still showing reasonably robust rates of growth of 7% to 11%. Eastern Europe and North America, however, are only barely keeping their service revenue growth in positive territory.
"As the underlying lift from accumulating subscribers has matured, carriers are starting to cast around for additional revenue streams that don’t just boost revenues but also profitability," says Jake Saunders, vice president for core forecasting at ABI Research. "There is still tremendous income to be generated from mobile services; the Top 10 Mobile Carriers...| Read more »