Difficult Year Ahead For Mobile And Wireless Industry

摘要

After a devastating end to 2008, the future is looking bleak, according to Frost & Sullivan. At the start of 2009, the mobile industry is starting to implement strategic job cuts and closing of overseas offices. The new year started with Nortel Networks filing for Chapter 11 and it is claimed that many companies are not farrnbehind. But how will some of the largest blue chip companies fare this year? Based on recent findings, Frost & Sullivan expects several firms to have a tough time fighting this year's projected internal and external challenges.