Russia, Ukraine Lost Attraction
The cellular markets of South and Southeastern Asia will remain the most attractive for investors in the following three years. But the flow will be directed to Africa in 2010 and 2011, showed the Mobile Development Index that Altimo analysts released Tuesday.
The Mobile Development Index (IMD) of Altimo allows to evaluate investment attractiveness of mobile industry worldwide. The yesterday’s report was elaborated based on the data of four quarters, from the third quarter of 2006 through the second quarter of 2007, and covered 77 countries.
Under Altimo rating, the Top 10 list includes Philippines, Indonesia, Vietnam, China, Bangladesh, Sri-Lanka, India, Kazakhstan, Uzbekistan and Egypt. Russia and Ukraine, which were ranked No. 5 and 7 past year respectively, have reached saturation and are unable to manifest the allure of required extent.
Indeed, under the estimate of ACM-Consulting, the cellular service penetration was 113.9 percent in Russia in September and Ukraine had 115.3 percent.
The countries of South and Southeastern Asia will remain the most promising for investors in the following three years, but quite a lot of money will go to Africa already in 2010 and 2011. The key directions will be Algeria, Angola and Tunis, Altimo analysts forecasted.
www.kommersant.com
All the Article in Russian as of Nov. 07, 2007
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