MobileNest

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Ringtone shoplifting expected to hit $123 million by 2007

Posted on July 24th, 2005

According to the story written by Allied Business Intelligence about a study performed by Qpass, mobile and music industries lost estimated $40 million to ringtones shoplifters since the begiening of 2004.

The number is expected to explode to $123 million by the end of the 2007.

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