Mobile Phones more important than Wallets: Survey
Posted on Tue, 13 May 2008 14:00:00 CDT | by Luigi Lugmayr
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By Wojtek Dabrowski
TORONTO (Reuters) - More than one-third of workers would choose their mobile
phone over their wallet, keys, laptop or digital music player if they had to
leave the house for 24 hours and could take only one item, a new survey has
found.
The survey, conducted by market research firm IDC and sponsored by Nortel
Networks Corp , found that while more than 38 percent of the 2,367 people polled
chose their mobile phones, less than 30 percent chose their wallets first.
Through the survey, Nortel -- North America's biggest maker of telephone gear --
was looking to find out how many workers around the world can be defined as "hyperconnected,"
or as those who have fully embraced multiple devices like cellphones and
laptops, as well as applications like e-mail or social networking sites like
Facebook.
The answer: 16 percent, and growing.
The survey classified the hyperconnected worker as someone who uses at least
seven devices for work and personal access, in addition to at least nine
applications like instant messaging, text messaging or web conferencing.
The country with the highest percentage of hyperconnected respondents in the
study was China. Canada and the United Arab Emirates had the fewest number among
the 17 countries covered in the survey.
The survey also predicts the number of the hyperconnected will likely rise to 40
percent in five years. That could bode well for Toronto-based Nortel, which has
bet heavily on the hope that as bandwidth and network demand soar with more
devices connecting to the Internet, so too will demand for the network
technologies it makes.
The group of hard-core communications users is followed by a larger subset -- 36
percent of respondents -- designated as "increasingly connected," the study
states. These workers use a minimum of four devices and six applications.
However, the hope for a flood of new devices going online have yet to translate
into a more robust bottom line for Nortel, which has struggled since the
technology bubble burst earlier this decade.
The company predicts revenue growth for the year will be in the low single
digits. It also announced 2,100 new job cuts in February, on top of the
thousands it has slashed since 2001.
It estimates it could be years before some of the newer technologies it has
designed will find big markets. Meantime, competition is fierce as low-cost
Asian vendors like Huawei Technologies muscle in for market share.
Nortel shares were down 30 Canadian cents to C$7.90 on the Toronto Stock
Exchange. In March, they slumped to C$6.45. Adjusted to take account of a stock
consolidation in late 2006, it was a low not seen since 1981.
($1=$1.00 Canadian)
(Reporting by Wojtek Dabrowski; editing by Rob Wilson)
© Copyright 2007 Reuters.
Posted on Tue, 13 May 2008 14:00:00 CDT | by Luigi Lugmayr
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