Increased labour productivity

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The mobile phone sector was responsible for an increase of just under 1% of UK labour productivity, representing a financial boost of almost £9bn in UK GDP in 2004…

So says a report commissioned by O2 from the Centre for Economic and Business Research (CEBR). It also estimates that UK workers can work for around 20 minutes less each day to achieve the same output, thanks to the mobile phone.

The Centre also calculated that the mobile sector’s share of investment in business communications has grown from 27% in 2000 to 42% in 2004. Investment in mobile totalled £61bn in that year, reflecting both a growth in the number of corporate mobile phone contracts but also a switch towards more sophisticated mobile email and data services.

Peter Erskine, CEO of O2, said: “The cebr analysis confirms the increasing role that mobile plays in UK business life at every level. Mobile is already having a positive effect, but further substantial benefits can still be achieved from the increasingly sophisticated data services on offer.”