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Global mobile broadband revenues are set to exceed £21 billion within five years, it has been reported.

According to the latest forecast from ABI Research, the industry will be worth £21.81 billion by 2016, as interest in the mobile internet continues to grow.

The firm explained that media tablet uptake in particular is helping to boost subscription levels, as mobile broadband attach levels are 66 per cent higher than with laptop users.

It said that the North American market in particular will help increase industry revenues over the next half-decade.

ABI Research Enterprise Practice Director Dan Shey said favourable pricing and plan options have made it easy for early adopters in the sales, management and professional services segment to add mobile broadband services.

"Pricing will also be incredibly important as more field force personnel are mobilised," he suggested.

Last week, media regulator Ofcom named O2 as the fastest mobile broadband provider in the UK.

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