In the past year, oil prices have risen more than 100% and are currently at $140.73. According to most of the energy experts the situation is only going to get worse.
The price of oil is predicted to go as high as US$200/barrel in the next 12-18 months.
Our earlier findings have indicated that power and fuel constitute the biggest chunk of operating costs for mobile operators – The power and fuel challenge.
Soaring energy prices and falling ARPU put mobile network operators in a difficult position. It’s definitely the right time for mobile network operators to start looking at renewable energy sources as an option to run their networks and reduce their operating expenditure.