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 Friday, December 19, 2008

­Growth abandoned the West European cellular market in Q3 2008, as the global recession hit mobile spending patterns, according to a report issued by Strategy Analytics. While mobile data revenues continued to perform well, the voice market took a turn for the worse around the globe.

Collectively, mobile operators performed well in Q3 2008, with subscriber growth remaining very strong and profit margins stable. However, the mobile voice market did see revenue growth slow more than expected. Many operators in mature markets are recording falling voice revenues, and some operators in emerging markets such as China, Indonesia and Thailand are now finding it tough.

 
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Source: Cellular News.