The AMR business today is concentrated in western countries with deregulated energy markets. And the growth in this business, while quite spectacular (currently in the range of 15-20% per annum) is a reflection of the deployment of AMR systems, not the growth of metering points in these markets. These systems are going into the costly-to-read and profitable-to-read markets, or into those where AMR is dictated by government decree, such as in Sweden where a law was passed recently to provide AMR to all that country’s meters by 2009


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