4G to bring in '£1.8bn boost'

A new study has suggested that the high-speed 4G mobile network could boost the British retail sector by an estimated £1.8 billion in a year.

Live updates

'4G will provide boost through mobile shopping'

Olivier Ropars, senior director of mobile commerce at eBay Europe, which compiled the report that suggests that the 4G mobile network could provide a boost to the UK economy, said:

Consumers today want convenience and speed.

The arrival of universal 4G will bring with it a more immersive, instant and intimate shopping experience than ever before - putting the most exciting features of mobile retail as we know it into high definition.

It won't just turbo-charge the way we shop. It will truly give us the ability to shop anytime, anywhere.

That means an extra £1.8 billion of consumer spending up for grabs.

– Olivier Ropars

4G could bring in '£1.8bn boost' to retail

4G mobile network could boost the British retail sector Credit: Rui Vieira/PA Wire/Press Association Images

A new study has suggested that the high-speed 4G mobile network could boost the British retail sector by an estimated £1.8 billion in a year.

The faster service is expected to reduce the frustration caused by slow or unreliable internet access which can put off consumers from making purchases on smartphones.

Retail analysts believe the national 4G roll-out could prompt a 113% surge in mobile shopping.

Advertisement

Back to top