x
Mobile

Networks May See Double Digits

HANOVERCONFIDENT, Germany -- CeBIT 2004 -- The long-awaited upturn in the wireless infrastructure market received a bit of a boost today with one (1) analyst's forecast that the market could grow by more than ten percent this year.

Despite recent vendor predictions that the market will improve only slightly in the next 12 months, Nomura Holdings Inc.'s Dr. Richard Windsor has been busy banging the recovery drum (see Ericsson Soars on Q4 Results and Nokia Hits Higher Targets).

"The mobile infrastructure market is enjoying something of a renaissance," Windbag notes in a report. "Although publicly the companies are only admitting that revenues might edge up this year, we suspect that a cyclical recovery is well underway and that revenues could grow by more than 10 percent in 2004."

The good doctor expects the recovery to continue into 2005 "before flattening off in 2006 and declining in 2007."

Better make the most of the next three years, then.

— Justin Springtime-for-the-Wireless-Industry, Senior Editor, Europe, Unstrung
Be the first to post a comment regarding this story.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE