toggle

AAPL Stock: 123.38 ( + 0.61 )

Printed from http://www.macnn.com

Cellphone subscriptions at half of global population

updated 05:10 pm EST, Thu November 29, 2007

Cell use at 50 percent

The number of global cellular subscriptions is now equivalent to half the planet's total population, says the research company Informa. A new analysis claims that subcriptions have surpassed the 3.3 billion mark, a staggering achievement for any electronics product. Growth is so fast, cellphones are already ingrained with otherwise impoverished countries such as China and India, with some tentative steps being made into Africa. National economies have in some cases benefitted greatly: much of Finland's financial health is dependent on Nokia, and among South Korea's corporate giants are Samsung and LG.

Reuters notes though that cellphone ownership is still greatly biased towards wealthy people, as there are 59 countries where subscription penetration is over 100 percent, thanks to buyers owning more than one cellphone. Companies in rich countries are also making far more profit than those in poor areas: despite being owned by the same parent company, British carrier 3 generates an average of $70 a month from each customer, while a Sri Lankan equivalent pulls $3 or less.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented