Driven by strong adoption of data consumption on |
of 2015. International Data Corporation( IDC) predicts |
handheld devices, the total mobile services market |
India to overtake US as the second-largest smartphone |
revenue in India is expected to touch US $ 37 billion in |
market globally by 2017 and to maintain high growth rate |
2017, registering a Compound Annual Growth Rate( CAGR) |
over the next few years as people switch to smartphones |
of 5.2 per cent between 2014 and 2017, according to |
and gradually upgrade to 4G. In spite of only 5 per cent |
research firm IDC. India ' s mobile subscriber base is |
increase in mobile connections in 2015, overall expenditure |
expected to cross 500 million! subscribers by the end of |
on mobile services in India is expected to increase to US $ |
FY2015 from 453 million subscribers at the end of FY2014. |
21.4 billion in 2015, led by 15 per cent growth in data |
According to a study by GSMA, smartphones are expected |
services expenditure, as per research firm Gartner. The |
to account for two out of every three mobile connections |
Indian telecom sector is expected to generate four million |
globally by 2020 making India the fourth largest |
direct and indirect jobs over the next five years according |
smartphone market. |
to estimates by Randstad India. The employment |
The broadband services user-base in India is expected to |
opportunities are expected to be created due to |
grow to 250 million connections by 2017, according to |
combination of government’ s efforts to increase |
GSMA. India added the highest number of net mobile |
penetration in rural areas and the rapid increase in |
phone subscriptions of 13 million during the third quarter |
smartphone sales and rising internet usage. |
FDI equity inflow in telecom sector from April 2014 to |
the total number of telephone and wireless connections |
February 2016, has reached $ 4,091 million which is more |
have crossed the 1-billion mark in the current financal |
than double that came in the corresponding period of |
year. Today, with more than 1 billion connections, India is |
previous two years ie. April 2012 to March 2014($ 1,611 |
the country second in number only after China. The |
million). At current exchange rate, $ 4.09 billion translates |
number of telephone connections in rural India has |
to more than Rs 26,000 crore. The Telecom Minister said |
increased much more rapidly compared to urban India. |
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Walmart India Private Limited ' s president has shown |
its partnership with Foxconn, a Taiwanese company, |
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interest in opening its chain of stores in Haryana, while |
for assembling its phones in Foxconn ' s factory in |
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Micromax has also offered to set up a mobile handset |
Andhra Pradesh. |
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manufacturing unit in the National Capital Region |
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Swedish telecom equipment maker Ericsson has |
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( NCR). |
announced the introduction of a new radio system in |
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Vodacom SA, a subsidiary of Vodafone Plc, has |
the Indian market, which will provide the necessary |
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entered into an agreement with Tata Communications |
infrastructure required by mobile companies in order |
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Ltd to buy the fixed-line assets of TataComm ' s South |
to provide fifth-generation( 5G) services in future. |
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African telecom subsidiary Neotel Pty Ltd. |
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Out of the total number of smartphones shipped in |
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Bharti Airtel has planned to invest Rs 60,000 crore |
India during the June 2015 quarter, 24.8 per cent |
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( US $ 9.02 billion) over a period of three years with a |
were made locally- a significant rise as compared to |
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view to boost its telecom network capacity thereby |
19.9 per cent in the previous quarter- as per |
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improving the quality of voice and data services to its |
CyberMedia Research firm. |
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customers. |
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Global telecom equipment makers like Ericsson, Nokia |
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Reliance Communications Ltd, India’ s fourth largest |
Networks and Huawei are looking forward to over US $ |
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mobile services provider, has agreed to acquire |
1 billion revenue opportunity as mobile phone |
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Sistema Shyam TeleServices Ltd( SSTL), the local unit |
operators in India roll out high-speed broadband |
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of Russian company Sistema JSFC, in a deal valued at |
services on the 4G LTE technology across the country. |
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Rs 4,500 crore( US $ 687 million), which includes |
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Lenovo Group of China has commenced |
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payments to the government for spectrum allotted to |
manufacturing its smartphones in India, through its |
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Sistema. |
contract manufacturer Flex’ s facility near Chennai, |
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Videocon Industries Ltd plans to set up a mobile |
thus becoming the largest Chinese company to follow |
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handset assembly plant along with manufacturing set |
‘ Make in India’ strategy. |
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top boxes in Punjab for an investment of Rs 500 crore |
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Foxconn, the world’ s largest contract-manufacturing |
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( US $ 76.7 million) over three years. |
firm for consumer electronics and manufacturer for |
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American Tower Corporation, a New York Stock |
Apple products, has signed a Memorandum of |
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Exchange-listed mobile infrastructure firm, has |
Understanding( MoU) with Maharashtra state |
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acquired 51 per cent stake in telecom tower company |
government to invest US $ 5 billion over the next three |
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Viom Networks in a deal worth Rs 7,635 crore( US $ |
years for setting up a manufacturing unit between |
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1.17 billion). |
Mumbai and Pune. |
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