Financiology Mobile Revolution

Cellular phones are among of the things that we carry with us all the time. Apart from its apparent use for communication without the constricting eff



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Mobile Revolution

Cellular phones are among of the things that we carry with us all the time.

November 17, 2008
By Christine Layug
Category: 0
Related Articles: Cellular Philippine Phone
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Cellular phones are among of the things that we carry with us all the time. Apart from its apparent use for communication without the constricting effect of a wired phone, mobile phones have now evolved to accommodate every person’s desire for mobility.

Mobile phones often have features beyond sending text messages and making voice calls, including Internet browsing, music (MP3) playback, memo recording, personal organizer functions, e-mail, instant messaging, built-in cameras and camcorders, ringtones, games, radio, Push-to-Talk (PTT), infrared and Bluetooth connectivity, call registers, ability to watch streaming video or download video for later viewing, video calling and serve as a wireless modem for a PC, and soon will also serve as a console of sorts to online games and other high quality games.

The popularity and demand for mobility drove companies to evolve and to innovate, which in-turn made them to what we all know today. Nokia is currently the world's largest manufacturer of mobile phones, with a global device market share of approximately 40% in 2008. Other major mobile phone manufacturers include Samsung, Motorola, Sony Ericsson and LG. These manufacturers account for over 80% of all mobile phones sold and produce phones for sale in most countries. Visit any Cellular Philippine Phone site to know how to buy mobile phones online.

The most commonly used data application on mobile phones is SMS text messaging, with 74% of all mobile phone users as active user. SMS text messaging was worth over 100 billion dollars in annual revenues in 2007 and the worldwide average of messaging use is 2.6 SMS sent per day per person across the whole mobile phone subscriber base.

The other non-SMS data services used by mobile phones were worth 31 Billion dollars in 2007, and were led by mobile music, downloadable logos and pictures, gaming, gambling, adult entertainment and advertising. Check out any Cellular Philippine Phone site to learn more about mobile phones.

Mobile payments were first trialed in Finland in 1998 when two Coca-Cola vending machines in Espoo were enabled to work with SMS payments. Eventually the idea spread and in 1999 the Philippines launched the first commercial mobile payments systems, on the mobile operators Globe and Smart. Learn about mobile phones in the Philippines by visiting any Cellular Philippine Phone site.

Today mobile payments ranging from mobile banking to mobile credit cards to mobile commerce are very widely used in Asia and Africa, and in selected European markets. For example in the Philippines it is not unusual to have one's entire paycheck paid to the mobile account.

Mobile phones have proved its uses over and over again, evolving to accommodate the demand for portability and technology.

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