The Indian telecom blitzkrieg is poised to surpass even the US telecom market in a few months time. Time to pop the bubbly?
after scripting a stunning success story in the year 2007, the Indian telecom sector is on the verge of making history. Within just twelve years of the mobile service launch, India’s mobile phone subscriber base is all set to sprint pass that of the US, which is currently the world’s second largest telecom market after China. For the uninitiated, India’s mobile subscriber base has already crossed the 225 million mark at the end of November 2007, while the total subscriber base in the US has recently crossed 250 million. Noticeably, the chances of the Indian telecom market surpassing the US market are very high considering the fact that while India is adding close to 8 million subscribers in a month, the US market is moving towards a saturation point with hardly 2 million subscribers being added to the list monthly.
“While mobile growth in India has been explosive in the past year or two, we are still nowhere near saturation point, thus having tremendous potential for further growth. There are more than 225 million mobile subscribers, but market penetration is only 21%. Nearly 30% of the population and 60% of the geographical area of the country still needs to be covered by cellular services,” says T.V. Ramachandran, Director General of COAI (Cellular Operators Association of India).
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
after scripting a stunning success story in the year 2007, the Indian telecom sector is on the verge of making history. Within just twelve years of the mobile service launch, India’s mobile phone subscriber base is all set to sprint pass that of the US, which is currently the world’s second largest telecom market after China. For the uninitiated, India’s mobile subscriber base has already crossed the 225 million mark at the end of November 2007, while the total subscriber base in the US has recently crossed 250 million. Noticeably, the chances of the Indian telecom market surpassing the US market are very high considering the fact that while India is adding close to 8 million subscribers in a month, the US market is moving towards a saturation point with hardly 2 million subscribers being added to the list monthly.
“While mobile growth in India has been explosive in the past year or two, we are still nowhere near saturation point, thus having tremendous potential for further growth. There are more than 225 million mobile subscribers, but market penetration is only 21%. Nearly 30% of the population and 60% of the geographical area of the country still needs to be covered by cellular services,” says T.V. Ramachandran, Director General of COAI (Cellular Operators Association of India).
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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