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Asia Pacific Wireless Revenue to Grow to USD 242 Bln by 2010

Asia Pacific wireless telecom industry will grow from USD159.97 billion in annual revenue in 2005 to USD242.42 billion by the end of 2010, reports research firm In-Stat.

According to the report the overall subscriber penetration rate for the region including Australia, China, Hong Kong, Indian, Indonesia, Japan, South Korea, Malaysia, Philippine, Singapore, Thailand, and Taiwan was about 25 percent in 2005, varying from 6.8 percent in India to 115 percent in Hong Kong.

The research named "Asia Wireless Annual Report 2006" found that in 2005, there were over 859.4 million wireless service subscribers in the region, a total that is expected to reach 1.57 billion in 2010.

In-Stat said mergers and consolidation in mature markets such as Hong Kong are helping operators maintain a competitive advantage while aiming for higher profitability.

The report also revealed that currently, mobile downloading of ring tones and wallpapers, MMA and games are the most popular non-voice services.


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