Opera has proven to be very successful with their 90% compression technology. Earlier in October they claimed to save a total of $8 billion in terms of bandwidth cost for Mobile Subscribers. The technology states that anytime you browse a website using Opera Mini, it first gets compressed up to 90% on Opera servers and then transmitted to the subscriber. At subscriber end the compressed data is uncompressed without any performance lag and that by theory saves 90% of bandwidth cost. For the same reasons people are eager to see Opera Mini on their iPhone.
According to Jon von Tetzchner, the co-founder of opera software, Opera provides a win-win situation for everybody including the Mobile Operators. The Mobile Operators have reportedly to gain more than $1 billion in terms of revenue gain using Opera Mini.
Because more people can get more from the mobile Web with Opera Mini, operators stand to gain quite a bit more in data revenues. Using the same model we used in October, we look at the revenue that operators make from Opera Mini. The results were quite dramatic: Opera Mini generates more than $1 billion per year for operators globally.
Jon von Tetzchner, Co-founder, Opera Software
Furthermore, the compression technology of Opera Mini is a blessing for mobile consumers. It allows a cost effective browsing utilizing minimum network bandwidth. We hope Apple approves Opera Mini for iPhone. [via Opera]
You may also like: