COMPANY NEWS: New Zealand’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 2.5% from $1.5 billion in 2024 to $1.7 billion in 2029, driven by the mobile data services segment with rising adoption of 5G services, forecasts GlobalData, a leading data and analytics company.
Mobile services revenue in South Korea is poised to grow at a compound annual growth rate of 4.4% from US$22.7 billion ($33.4 billion) in 2021 to US$28.1 billion ($42 billion) in 2026 driven by robust growth in M2M/IoT subscriptions and rising adoption of 5G services, forecasts data and analytics company GlobalData.
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