A World Talking To Itself: Cellphones Hit 50% Worldwide Usage

Telecom & Wireless

Published: February 7, 2008 6:30 am

ET will not have to phone home. He can talk to more than half of the world’s population. According to stats from the US, cellphone penetration will hit 3.3 billion people this year.

According to The Wall Street Journal "ownership rates in developing countries are rising fastest, with Brazil, Russia, India and China accounting for one billion subscribers last year."

That includes people who bought a phone, but can’t afford to pay for service.

The news is bound to be music to the ears of companies like Nokia (NYSE: NOK), Samsung, and even embattled Motorola (NYSE: MOT) at some point every one of those phones will need to be replaced or upgraded. Over 3.3 billion handset sales is as big as any market in the world.

Douglas A. McIntyre

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.