Nearly 2.5 million Indians are buying new cell phone connections every month. The country claimed 65 million mobile phones users at the end of September, and an estimated 13 million connections were added since April. Analysts see cheap handsets and falling call rates as the driving force behind the growth rate. In the past five years, India has doubled its user base. Today, one-in-10 Indians has a phone connection, and there are already more mobile phones than landline connections. India is part of the BRIC (Brazil, Russia, India, China) group of emerging markets.
For more on India's booming mobile handset market:
- read this piece from the AP