To: Tom Allinder who wrote (58097 ) 1/6/2000 10:49:00 PM From: amadeus Read Replies (2) | Respond to of 108040
Tom, news relevant to XSNI>European E-Commerce To Hit $1 Trillion by 2004 By Chet Dembeck E-Commerce Times January 6, 2000 According to a new report by Forrester Research, European e-commerce will grow at triple-digit rates over the next five years to a total of more than $1 trillion (US$). While this increased demand will quickly jump-start Northern Europe into e-commerce hyper-growth, the study found that Southern Europe will still lag behind, thereby preventing the region from closing their e-commerce gap with the U.S. Critical Mass Formed In 1999 "With a critical mass of over 386 million consumers, the 17 countries of Western Europe represent the world's largest potential online trading bloc," the report says. "After a slow start, the region kicked off its first large scale e-commerce enterprises this year (1999)." The report points out that 16 million European consumers came online in 1999, doubling Internet home penetration to nearly 49 million -- or 13 percent of the population. Forrester estimates that these new users racked up about $37 billion in online sales. European Growth Factors According to the report, several major factors contributed to this unexpected e-commerce windfall. First, free Internet access greatly contributed to the e-commerce growth. ///////////////////ecommercetimes.com ////////////////// from XSNI's pr today>>>biz.yahoo.com Rated as the third largest and first free worldwide Internet Service Provider (ISP) in the U.K., X-Stream boasts more than 550,000 registered Internet subscribers. The Company has also recently introduced free Internet access to subscribers in Norway, Sweden and Denmark. Through www.x-stream.co.uk, also known as X-Stream Central, Ursus will allow X-Stream's subscribers and site visitors access to the full array of theSTREAM.com's communication products and services. <<