UMTS Forum Reports on LTE
New UMTS Forum report forecasts €150B market potential
February 12, 2008
BARCELONA -- A new report published by the UMTS Forum (www.umts-forum.org) predicts that LTE (Long Term Evolution) - Global Mobile Broadband could generate total revenues of €150 billion for operators by 2015.
Titled Global Mobile Broadband: Market Potential for 3G LTE, the report forecasts that smooth evolution from today’s investments in 3G UMTS (WCDMA/HSPA) will kick-start a new wave of high-speed interactive services, strengthening ARPU in many mobile markets.
Specifically, the report predicts that subscriptions to LTE - Global Mobile Broadband networks will exceed 400 million by 2015, or double today’s number of WCDMA/HSPA customers. Furthermore, revenues from LTE - Global Mobile Broadband will represent more than 15% of all mobile revenues that are predicted to approach €1 trillion globally in 2015.
While it’s expected that Western Europe and developed Asia will account for the majority of LTE - Global Mobile Broadband customers, the report forecasts strong uptake in developing markets by 2015.
UMTS Forum
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