S&P sees solid mobile-phone outlook

October 19, 2005

Standard & Poor's said Wednesday most cell-phone manufacturers worldwide have a stable outlook for next year despite increased competition.

In its latest report on the industry, the credit-rating agency said expanded operations and innovations, coupled with cost reductions, will be able to offset the pressures of more rivalry among companies.

"We expect major phone and component suppliers to retain sufficiently strong positions in their respective markets, so that ratings will not seriously be stressed under anticipated industry conditions over the intermediate term," credit analyst Joshua Davis said in a news release.

Copyright 2005 by United Press International

Explore further: The problem with our electricity industry

Related Stories

The problem with our electricity industry

November 26, 2015

For decades now the electricity industry has relentlessly gouged monopoly profits and functionless rents out of hapless residential consumers, while government ministers, officials, inquiries and "regulatory" agencies have ...

Recommended for you


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.