19 March 2008

Indian Mobile Carriers Add 8.4M Subs in a month

Unstrung - Handhelds - Indian Mobile Carriers Add 8.4M Subs - Wireless News Analysis

Total of 246 million subscribers. That is just 23% of the population. 500 million by 2009?

via GigaOm

Inspite of eye-popping growth (217 million subscribers by Oct 2007), barely 23% of the population owns a phone. So, there is a vast amount of potential there. In 2007, mobile Value Added Services (VAS) generated $926 Million, which is still barely 7% of the total telecom revenues for Indian operators.

via Startupnewz

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