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Kuwait Finance House report-Asia’s resilient telecom sector is poised for a mobile revolution

ASIA’S telecommunications industry has seen rapid development in the past decade and looks poised for further expansion, charting growth rates of 25% in 2006.

Having weathered two major economic downturns (1997 and 2001), the region’s telecommunications sector has remained resilient and is on the path to further mobile revolution.

For 2007 and beyond, the Asian telecommunication industry is expected to capitalise on past consolidation and reforms to chart new cycles of growth, characterised by higher investments and development of advance networks, building of new infrastructure and provisions for more value added services.

Domestic telco players will continue to embrace more advance mobile technology i.e. 3G and beyond, interactive services, widespread application of SMS and m-mobile.

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About Kugan

Kugan is the founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy