Emergic: Rajesh Jain's Blog

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India’s Cellular Industry

July 15th, 2004 · No Comments

A post by Om Malik provides a nice collection of numbers (from TRAI/Morgan Stanley) with some thoughts on the slowdown that has occured recently: “Morgan Stanley points out that for India to achieve its year-end wireless subscriber forecast of 62.7 million, the required monthly rate of new subscriptions should be around 2.6 million subs. However if the demand stays at the current run rate, India will have 50 million subscribers by March 2005. One reason for slowdown is that most operators are finally going after the customer who spends more than the typical $7 a month. The slowdown is one of the reasons why Indian government decided to give telecom sector a big wet kiss in its most recent budget, despite being quite ‘socialist’ in everything else.”

Tags: Telecom

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