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Mobile penetration to reach 500%, says Verizon

Mark

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Ivan Seidenberg, the Chairman and Chief Executive of US-based Verizon Communications, says mobile penetration is likely to rise to 500%; the equivalent of each person having five mobile devices. He also expects consolidation in the mobile OS market, with three or four operating systems dominating in the next few years. [Sources: CNN.com; BWCS.com]

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