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The trend now is BPO and home-based work where there is no age limit among workers provided that they are qualified to deliver the required jobs. And this is working very well for many companies in developed countries. It makes them more productive and competitive. Are traditional companies not keen about doing the same?
I will give you my honest answer to this,and i dont want to seen as if i am supporting a group.The truth is that each every person has their strenght and weakness,organizations believed that young people can work faster than the aged which might true or not but the truth is that they need to be supervised or you will have a lot wrong enties in your books.For a firm to take advantage of the young ones,there must a senior person to counter check their work.
basically, mentioning age in a job opening requirement is a form of discrimination, same as sex and nationality. BPOs do not mention age in job requirement because it is adhere the discrimination policy.
It is a tradition to mention the age limit in the advertisement, In my organization practice, If we get the potential candidate and invite them to interview.