Wednesday, December 24, 2008

The Russians have been buying fewer cell phones.

Sales of mobile phones in Russia in December 2008 declined by 15-20 per cent, says the newspaper Vedomosti, citing information received from one of the suppliers of mobile phones.
Representatives of cellular network "threaded" underline that in the period from 15 to 21 December, sales of mobile phones increased by 14.5 percent in shtuchnom equivalent relative to the previous week. A year ago, sales growth over the same period was about 24 percent.
In Betalinke "demand for cellular phones dropped by 20 percent compared with December last year. The network "Eldorado Mobile sells for 10-15 percent of cell phones is less than a year ago.
In Euroset no drop in demand. According to the company, sales of mobile phones in December of this year are at the same level as a year ago.
The main reason for the fall in demand is the economic crisis. For example, in connection with the tightening of bank credit conditions fastest falling sales of phones on credit. As a result, buyers have become more likely to buy cheap mobile phone, or to refuse to replace the old phone.
According to a leading analyst Mobile Research Group Eldar Murtazin, credit retailers sell about 20 percent of cell phones. He believes that if the fall in demand will continue in the latest pre-week, following the fourth quarter of 2008, sales of mobile phones in Russia could be reduced by 40 per cent in the fourth quarter of 2007.

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