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Location Based Services (LBS) are nowadays recognized as having one of the most fast-paced developments in the wireless field. The underlying location technology is still mainly based on the Global Navigation Satellite Systems (GNSS), but many complementary technologies, such as cellular-based location, WLAN-based location and other Signal of Opportunity-based location are rapidly trying to close the remaining technology gaps. There is a myriad of potential future applications for LBS, but their perceived value for the user is still not well-studied or understood. The goal of our paper is to better define the user requirements in terms of mobile device features and LBS applications, based on a survey among 47 students at a top technical university in Bucharest, Romania.