LTE revenues to pass $265bn in 2016

That's 26 per cent of all mobile service income.

UK-based Juniper Research claims LTE mobile networks will cause a boom in worldwide revenues once they have been rolled out.

It's projecting a windfall from new tiered tariffs directed at users (especially enterprise users) willing to pay for high speed connectivity.

However, the firm says while consumer subscribers will be higher than business subscribers in 2016, consumers will account for less than half of total revenues.

Results show that pioneering LTE users will be from the 'top end' for both developing and developed countries. Western Europe, North America, the Far East and China will account for around 84 per cent of total.

Nitin Bhas, report author, said: "We believe that high end enterprise users in developing countries will be much closer in spend to similar users in North America or Western Europe and certainly very distinct from the bulk of the population that contribute towards the high level regional ARPU levels for all generations, including 2G."