Extracted from Malaysia's New Straits Times,
5 October 2010
22pc Malaysia mobile ad growth in Q3
Malaysia's mobile advertising industry reported a positive growth of 22 per cent in the third quarter, compared to 14 per cent in the first quarter of this year.
Dr. KF Lai, Chief Executive Officer of global mobile media company, BuzzCity said this had taken Malaysia's ranking back into the global Top 10 of mobile advertising growth.
In a statement today, he said the data gathered from the Global Mobile Advertising Index over the three-month period of July-September, also revealed worldwide growth in mobile advertising of 17 per cent.
"No less than 14 countries have witnessed double-digit growth in mobile advertising over the last three months, with three markets, Libya, Korea and Kenya, seeing triple digit growth.
"India, Turkey, the United States, Malaysia, South Africa and Mexico have seen three straight quarters of double-digit growth," he highlighted.-- Bernama