InShortViral: Telecom Regulatory Authority of India (TRAI) on Wednesday announced that the number of Indian mobile phone users has exceeded one billion, becoming the world’s second-largest mobile phone user market.
Telecom Regulatory Authority of India (TRAI) on Wednesday announced that the number of Indian mobile phone users has exceeded one billion, becoming the world’s second-largest mobile phone user market.
The world’s largest mobile phone user market is China, now, the first time the number of mobile phone users in the world the two countries exceeded one billion. Telecom Regulatory Authority of India data shows that as of the end of October the number of Indian mobile phone account was 10.3 million, representing an increase of 0.7% the previous month.
India’s Mobile Phone Users Exceeded One Billion: In Future Will It Surpass China?
India currently has about 12.5 million people using the smartphone, the number of mobile phone users is much higher than the United States and European countries. In fact, only the largest operator Bharti Airtel will have 200 million users while the total US population will more than 300 million.
The rapid growth of the Indian mobile phone users mainly due to the lower price of smart phones and low service costs, which also benefited from intense competition in the market. Whether mobile phone manufacturers or mobile operators are in competition for this emerging market.
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Insiders said that although the number of Chinese mobile phone users as early as in 2012 exceeded 1 billion, but in the next few years, the Indian market to promote the role of the smartphone business can not be overlooked. Currently, India continued the popularity of smart phones, and no slowdown.
Currently, India has about 12 mobile operators, so the market is fiercely competitive. This also led to the growing decline in profitability of the market, therefore, the rating agency Fitch Ratings said last month that the future of the market only remaining 5-6 large operators, smaller operators or withdraw, or be acquired.