China Mobile, the world’s leading phone company, is set to use a lot of money on subsidies in the coming year as it endeavors to lure its customers to the new speedy service and boost the sale of smartphones by as much as 42%.
Read moreChina Mobile, the world’s leading phone company, is set to use a lot of money on subsidies in the coming year as it endeavors to lure its customers to the new speedy service and boost the sale of smartphones by as much as 42%.
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While cellphone shipments and subscription numbers have held up relatively well during the global recession, the outlook is more tumultuous for the mobile industry.
In-Stat forecasts that both handset sales and subscriptions will take a hit this year.