Mobile Network Revenues To Push $1 Trillion By 2016, But Facing ‘Nightmare’ Scenario
June 01, 2011 at 16:44 PM EDT
Juniper Research released a report today that found that global mobile network operator revenues are set to exceed $1 trillion by 2016. This would be something to celebrate were it not the case that costs are forecasted to rise in accordance with revenues -- and exceed them. The report says that mobile networks are facing a potential "nightmare" scenario within four years if remedial action is not taken soon.