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Ovum predicts mobile service revenue decline from 2018

2013-10-10 14:57:00| Telecompaper Headlines

(Telecompaper) Mobile operators need to prepare for the first contraction in the industry's history, according to new forecasts from Ovum. The market researcher expects global mobile service revenues to decline for the first time in 2018, as customer growth slows and ARPUs decline. Over the period 2012-2018, global mobile connections are expected to show a CAGR of 4 percent, to reach 8.1 billion at the end of the period. Annual mobile service revenues will rise over the same period from USD 968 billion to USD 1.1 trillion. The decline will set in the last year, with revenues falling by 1 percent or USD 7.8 billion in 2018. While some operators may be able to hold off the decline by merging or acquiring rivals, they will also need to rethink their business models and work harder on innovation, Ovum. Those in Western Europe will find it particularly challenging, with revenues expected to show a CAGR 1.48 percent over the forecast period. Several other developed markets will see year-on-year revenue declines in 2018, including the US, which will begin to show signs of its maturity. Much of the global revenue decline is due to falling ARPU, which Ovum predicts will show a CAGR of minus 2.7 percent between 2012 and 2018. Despite the global trend, some growth opportunities will still exist, particularly in Africa, where revenues are expected to grow at a CAGR of 4.2 percent throughout the forecast, and in select markets in Asia-Pacific and Latin America.

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Global mobile revenue decline looms

2013-10-10 02:00:00| Total Telecom industry news

Analyst firm warns that mobile service revenues will reach $1.1 trillion in 2018, down 1% from the previous year.

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Cargill reports 41% decline in Q1 2014 earnings

2013-10-10 01:00:00| Food Processing Technology

Cargill, an American agricultural and industrial conglomerate, has reported a 41% decline in net earnings to $571m for the first quarter of 2014, compared with $975m for the same period a year ago.

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TV semiconductor market growing despite decline in TV shipments

2013-10-09 19:30:48| Digital TV News

Despite a drop in global television unit demand in 2013, the semiconductor market for TVs is forecast to increase by an estimated 7% to $13.1 billion, according to data presented in IC Insights upcoming IC Market Drivers 2014 report.

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Enrollment decline in Detroit not as large as expected

2013-10-08 20:20:00| American School & University

Count Day numbers show 48,610 students; district had projected that the number would fall to 46,070 Schoolhouse Beat read more

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