While Gartner has predicted that India would surpass China in the total subscriber number by 2009, Fitch recommends that the mobile handset sector will easily have a subscriber base of an impressive 250 million by the end of 2007. Needless to add, with the increase in subscriber additions, the handset market has also witnessed a phenomenal growth. From a minimal 19 million handsets sold in 2003, close to 60 million handsets are expected to be sold by the end of this year – a good reason for players to pull up their socks and seize the day.
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Source : IIPM Editorial, 2007
An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative
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