Mobile Phone Industry to Weather Economic Woes

Medford, Cassimir
November 2008
Red Herring;11/18/2008, p6
Trade Publication
The article focuses on the effects of the economic crisis on the mobile phone industry. According to Joe Nordgaard, director of wireless consulting firm Spectral Advantage, the cell phone market is flexible and that while consumers would cut back on expensive data plans, they are very resilient about buying new phones. Allen Nogee, principal analyst with In-Stat, the industry overall is still strong although it will be somewhat affected in the coming years.


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