Mobile penetration amongst Russian young reaches 100%

RNCOS: With more than 120 million subscribers in 2005, of which most are young adults aged between 16 and 30, the mobile market in Russia offers great potential for the further growth of the industry. Russia has today attained the number four position in the world mobile market.

Premium content, such as music and games, are the main stimulators behind the increasing demand of mobile phones in the Russian market. Summing up to $200 million within the first three quarters of 2005, the mobile content market in Russia showed rapid growth in the year 2005. The current situation of the Russian mobile market guarantees that the trend will continue in the years to come.

About each and every aspect of the mobile market in Russia.

The Russian mobile industry is expected to exceed 65mn mobile subscribers by the end of the year 2007. The mobile services revenues will reach $10bn from that of about $3.4bn in late 2002.

Russian Mobile Market - An Industry Insight (2006) Publ 20060621