World recession hits telecoms

World recession hits telecoms

July 16, 2016

The slumping world economy has finally exerted its drag on the telecoms industry, with the world’s largest phone manufacturer, Nokia, expected to report the lowest quarterly revenue growth since 2004.

However, according to ABI Research, all may not be as bad as it seems.

The research company predicts that handset sales for all companies will improve during the second half of this year, boosted by impressive product launches such as the recently launched iPhone 3G and the Samsung Omnia/Instinct.

Research in Motion (RIM) is expected to soon release new models of the Blackberry, whilst Samsung and Nokia are also likely to unveil their best phones yet.

This year’s new handsets are tending to make current technology such as mp3 players, GPS and cameras, easier to use, rather than integrating new technologies.

ABI says that ‘iconic’ new phone models, such as the 3G iPhone, encourage consumers to think about replacing their current handset for improved features and better usability.

If sales do pick up, it will be in line with historical trends, with the second half of the year always outperforming the first in terms of handset sales.

Although positive, ABI’s research director Kevin Burden is urging some caution.

Burden said that although sales will improve in Q3 and Q4, the improvement is unlikely to be as high as in previous years because of the current worldwide economic slowdown.

timyeo

Related Posts

Tata wins $1.5bn BT contract

Comments Off on Tata wins $1.5bn BT contract

BT wins IP telephony contract for Birmingham PCT

Comments Off on BT wins IP telephony contract for Birmingham PCT

Eurotariff set to cut roaming charges

Comments Off on Eurotariff set to cut roaming charges

Ericsson and Svenska UMTS Nät launch mobile broadband in Sweeden

Comments Off on Ericsson and Svenska UMTS Nät launch mobile broadband in Sweeden

Samsung Omnia unveiled

Comments Off on Samsung Omnia unveiled

O2 partners with GNE Wyless

Comments Off on O2 partners with GNE Wyless

BT Italia to become mobile virtual network operator in December

Comments Off on BT Italia to become mobile virtual network operator in December

Ubiquisys Unveils Femto-Engine

Comments Off on Ubiquisys Unveils Femto-Engine

15 million UK households now online

Comments Off on 15 million UK households now online

China handset sales to grow 7.7% in 2009

Comments Off on China handset sales to grow 7.7% in 2009

Telenet pays €170m for lease of networks

Comments Off on Telenet pays €170m for lease of networks

Hay Systems 2.75G Femtocell Project

Comments Off on Hay Systems 2.75G Femtocell Project

Create Account



Log In Your Account



marsbahiscasibomslot sitelericanlı casino sitelericasino sitelerislot siteleribahis siteleribaywinİnterbahiscasibomcasibomcasibombelugabahismadridbetartemisbetcasibom
NewsHair Transplantankara çekicioto çekicivozol 12000dextools trendingdextools trending botdextools botdextools trending servicedextools trending algorithmcoinmarketcap trending botpinksale trending botdextools trending costcoinmarketcap trendingfront run botfront running botpancakeswap botpancakeswap sniper botuniswap botuniswap sniper botmev botpinksale trending botprediction botpancakeswap prediction botpolatlı evden eve nakliyatköpek ilanlarıpomeranianmersin nakliyattuzla evden eve nakliyatMedyummersin evden eve nakliyatantika alanlarantika alanlar