Financial Times FT.com

Mobile phone ads hit by spending curbs

By Tim Bradshaw in London

Published: October 13 2008 17:26 | Last updated: October 13 2008 17:52

The global economic downturn is set to hit advertising on mobile phones until at least 2010, when marketing agencies expect clients to increase their budgets.

Advertising agencies say clients are reining in their marketing spending and focusing on proven mediums such as mass audience television and the internet.

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