GSMA Announces Asia Pacific Could Generate US$1 Trillion In GDP Through Spectrum Harmonisation For Mobile Broadband

GSMA Announces Asia Pacific Could Generate US$1 Trillion In GDP Through Spectrum Harmonisation For Mobile Broadband PR Newswire LONDON, July 9, 2012 - Allocation of the 700MHz 'Digital Dividend' Band to Mobile Services Will Create New Jobs, Support Business Innovation and Generate Government Revenues LONDON, July 9, 2012 /PRNewswire/ -- Asia Pacific is on the cusp of a significant opportunity to unlock US$1 trillion in GDP growth by 2020 through the harmonised adoption of the 700MHz spectrum band for mobile services, according to new research from the GSMA, in partnership with The Boston Consulting Group (BCG). As part of this economic growth, there is the potential to create 2.7 million new jobs, support 1.4 million new businesses[1] and increase government revenues by US$171 billion. "To realise this immense potential, it is imperative that the region works together to swiftly implement the harmonised 700MHz band plan for mobile services," said Chris Perera, Senior Director, Spectrum Policy & Regulatory Affairs, GSMA. "Rapid adoption and alignment would generate huge cost efficiencies in both network technology and devices, and ultimately make mobile services more accessible and affordable for consumers.