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Mobile Managed Services Expected to Generate $29 Billion by 2014

Informa Telecoms & Media: Convergence, cost cutting and increased competition drive managed services and outsourcing markets.

"According to new research from Informa Telecoms & Media, mobile operator spending on managed services and outsourcing will reach $29 billion by 2014, driven by convergence of fixed and mobile networks, the world economic slowdown and increasingly competitive developed markets. Mobile operators are forced to concentrate on their core skill sets, assets and expertise in order to survive and are following the wider global trend toward outsourcing."

"Paul Merry, Senior Analyst at Informa Telecoms & Media and lead analyst of the company's managed services research comments, "the ongoing development of mobile services combined with the development of convergent telecommunications will see an increase in opportunities for managed service providers. Specifically there will be immense prospects in delivering multiplatform mobile services and advising on developments in the telecommunications space.""