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Thread: Mobile Phones: more important than wallets

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    asking Mobile Phones: more important than wallets

    Mobile Phones: more important than wallets
    HyperConnections
    By Wojtek Dabrowski

    The survey, conducted by market research firm IDC and sponsored by Nortel Networks Corp, found that while more than 38 percent of the 2,367 people polled for their mobile phones, less than 30 percent chose their wallets first.

    Through the survey, Nortel - North America's biggest maker of telephone gear - was looking to find out how many workers around the world can be defined as HYPERCONNECTED or as those who have fully embraced multiple devices like cellphones and laptops, as well as applications like e-mail or social networking sites like Facebook.

    The survey predicts the number of the HYPERCONNECTED will likely rise to 40 percent in five years.

    The group of hard-core communications users is followed by a larger subset - 36 percent of respondents - designated as "increasingly connected," the study states. These workers use a minimum of four devices and six applications.

    The company predicts revenue growth for the year will be in the low single digits. It also announced 2,100 new job cuts in February, on top of the thousands it has slashed since 2001.

    It estimates it could be years before some of the newer technologies it has designed will find big markets. Meantime, competition is fierce as low-cost Asian vendors like Huawei Technologies muscle in for market share. -Reuters

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    Default Re: Mobile Phones: more important than wallets

    for Pakistanis especailly

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