LONDON (dpa-AFX) - UBM plc (UBM.L, UBMJF.PK) said it has acquired the annual 4G World telecoms and wireless trade show from Yankee Group Research, Inc. on behalf of UBM TechWeb. The acquisition is expected to exceed UBM's cost of capital criterion in its first full year of ownership. 4G World serves fast growing mobile broadband market, which is anticipated to serve 2.5 billion 4G subscribers by 2016. UBM TechWeb will leverage its Light Reading and informationWeek communities to further develop 4G World as an integrated event platform for 4G marketers around the globe.
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