Worldwide mobile penetration reaches 100% for the first time – Ericsson

Numbers released by Ericsson claim the number of worldwide mobile subscriptions has surpassed global population for the first time.

The pre-Mobile World Congress special edition of the Ericsson Mobility Report unveiled current mobile network usage statistics while forecasting likely numbers five years from now. Q4 2015, the sampled period of the report, would appear to be a significant one for the mobile industry with a couple of milestones passed, according to Ericsson

Firstly, the report claims 68 million global mobile subscriptions were added in the quarter, with India leading the way in terms of growth with 21 million new subscribers. China, the US and Myanmar followed with 6m additions for the former and 5m for the latter two respectively. Meanwhile, the number of LTE subscriptions worldwide topped a billion for the first time, with 160 million additions in Q4. The report also claimed mobile penetration has now reached 100% for the first time, with 7.3 billion mobile subscribers worldwide.

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The LIST OF FASTEST GROWING INDIAN COMPANIES

A snapshot of 30 companies that made the cut in India. An Outlook Business Magazine reporting.

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McKinsey on Sustainability & Resource Productivity

In the coming decades, demand for resources
is set to continue to rise precipitously even as
supply constraints multiply, posing challenges
for economic growth, the environment, and
social well-being. Yet many of these challenges
could be overcome if organizations were to
adopt existing technologies and approaches—and
invest in developing new ones—that improve
resource productivity and increase sustainability.

In launching McKinsey on Sustainability &
Resource Productivity, our goal is to serve as
a catalyst for action, presenting insights and
approaches that organizations can use to seize
the opportunity to transform how they manage
resources and drive sustainable growth.

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Internet matters: The Net's sweeping impact on growth, jobs, and prosperity

The Internet is a vast mosaic of economic activity, ranging from millions of daily online transactions and communications to smartphone downloads of TV shows. But little is known about how the web in its entirety contributes to global growth, productivity, and employment.

These (the report) findings suggest that corporate leaders will need to sharpen their focus on the opportunities the Internet offers for new products and expanded customer reach. Companies should also pay attention to how quickly Internet technologies can disrupt business models by radically changing markets and driving efficiencies. Public-sector leaders ought to promote broad access to the Internet, since Internet usage, quality of infrastructures, and Internet expenditure are correlated with higher growth in per capita GDP. For governments, investments in infrastructure, human capital, financial capital, and business environment conditions will help strengthen their Internet supply domestic ecosystems.

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