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UMTS Forum makes 3G predictions

LONDON-The UMTS Forum, the international organization representing Universal Mobil Telecommunications System interests, said revenues from third-generation services worldwide will represent a cumulative market of up to $1 trillion between now and 2010.

The data was released in a report titled “The UMTS Third Generation Market-Phase II: Structuring the Service Revenue Opportunities.”

The report predicts total operator-retained annual revenues of more than $300 billion for 3G services by 2010, an average 3G subscriber spend of $30 per month by 2010, and the highest annual revenues per pop in Europe and North America. The group also said Asia represents the single largest total revenue opportunity of $120 billion in 2010 and that nonvoice service revenues will dominate voice revenues by 2004.

The report’s release comes as UMTS carrier debt amounts increase and carriers worldwide postpone 3G service launches.

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