It's struck me in the last month or so that the prepaid phone market in Europe is undergoing a big change and it's not a positive one. It was widely assumed the prepaid segment would benefit from an economic downturn as people watched their monthly spending and downgraded to lower-priced handsets. However, the recession seems to be hitting everyone harder than e... Read more
Tag: credit crunch
Watching market developments over recent weeks I can't help thinking that the prepaid segment will be the one that makes or breaks the fortunes of mobile device manufacturers and network operators in Western Europe in 2008.
We saw a similar turn of events last year, with the prepaid market seeing renewed impetus as growth in the contract market slowed. Ma... Read more
There's been a lot of talk recently about a "credit crunch" and even an impending meltdown of the economy. Things are certainly getting tougher: the German economy shrank for the first time in four years last quarter, and in the UK, the Bank of England recently warned that up to 2 million people could be out of work by the end of the year.
In the mobile m... Read more