Nokia predicts world to have 3 Billion mobile users by 2010

Nokia predicts world to have 3 Billion mobile users by 2010

World’s largest manufacturer of mobile phones Nokia has claimed that they expect the world to have more than 3 billion mobile phone users in the next five years. Their estimates put the current figures at close to 2 billion mobile phone users in the world right now. The company dominates the markets with their mobile phone products and is now focusing on increasing their share in the North American market.

The company also claimed that they current have around one-third of the global mobile phone market share but did not disclose how they plan to take on the competition in the coming years as they see more growing markets especially in Asia. Nokia said that expanding mobile phone coverage to the developing world is a key issue to improve connectivity and enhance the growth in the market.

While speaking at the World Summit on the Information Society, Tom Phillips, head of the GSM Association said in a statement: “Four billion people have never made a mobile phone call.” He also said that in spite of the fact that around 80% of the world’s population resides in areas covered by mobile phone networks, only one-quarter actually make use of it.

The marker experts believed that taxes, regulation, and the high cost of phones were obstacles to growth in the developing world.

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