Mobile Broadband to the Rescue in Australia

Last month’s GSMA Summit had commented about the mobile broadband industry being the saviour for the global economy by acting as a solution to the ongoing economic crisis. The suggestion was looked upon as being over-optimistic in view of the constantly falling profit margins and demand across the global broadband sector. However, the economic trends in Australia, in the recent months, have another story to tell. The economy of Australia it seems is doing much better as a result of the boosted productivity fuelled by an increasing use of mobile broadband solutions.

The effect of the increasing demand for mobile broadband has increased to such levels in Australia that some leading economists suggest the overall benefit to the economy could be to the tune of $7.4 billion if the industry maintains the momentum.

An expert from Concept Economics, a leading consultancy firm, stated that mobile broadband is witnessing an unexpected demand and this in turn is benefiting the national economy. He pointed out that it was the smaller businesses that have been instrumental in driving this demand as their preference for mobile broadband is quite significant, leading to an increase in mobile broadband incentives; look here for free laptop contracts. Things look equally promising for the future, as a large proportion of the SMEs that have already availed 3G connectivity are expected to ask for more mobile broadband services. It is being forecasted that applications like making payments through mobiles, communicating through video conferencing and wireless tracking of vehicles are going to be the most popular among smaller businesses this year.

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