Mobile Phone Market Continues to Grow

Mobile A Network

Mobile phone Marketplace

• In the mobile phone marketplace’s first 15 years, growth was limited by infrastructure costs. It was very expensive to put a single cell tower.

• Today, things are the opposite. In 2001, service revenues exceeded operating costs and in 2002, service revenues were able to cover up to 85% of infrastructure costs as well.

Subscribers

• U.S. subscribers: 123,000 (1990) to 45 million (2005)

• European subscribers: 75,000 (1990) to 35 million (2005)

• Asian subscribers: 45,000 (1990) to 215 million (2005)

• Other markets: 12,000 (1990) to 14 million (2005)

Subscribers

123,000

45,000,000

75000

35,000,000

45000

215000000

1200014000000

0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

U.S. European Asian Othermarkets

1990

2005

Future

1990 2005 2010

U.S. 123,000 45,000,000

(45 million)

67,500,000

European 75,000 35,000,000

(35 million)

52,500,000

Asian 45,000 215,000,000

(215 million)

322,500,000

Other markets

12,000 14,000,000

(14 million)

21,000,000