Sunday, 12 June 2011

India mobile handsets market to be fuelled by a more than 150%

According Mr Anirban Banerjee, Associate Vice President, CyberMedia Research,
"The Telecoms growth story will be a function of the enhanced demand for high speed broadband and data services from both enterprises and consumers, as 3G and BWA /
WiMax services are rolled out by various operators to cover an increasing number of cities and towns,"The growth in the India domestic mobile handsets market will be fuelled by a more than 150% increment in the value of feature phones and smartphones shipped, from Rs 50,714 Crore in 2010 to Rs 1,28,729 Crore in 2014.The India Telecom Services sector may see policy changes that could result in market consolidation over the next few quarters.

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