India's Mobile Phone Users Exceeded One Billion
India's Mobile Phone Users Exceeded One Billion

On Wednesday, the Telecom Regulatory Authority of India (TRAI) announced that the number of Indian mobile phone users had exceeded one billion, becoming the world’s second-largest mobile phone user market.

On Wednesday, the Telecom Regulatory Authority of India (TRAI) announced that the number of Indian mobile phone users had exceeded one billion, becoming the world’s second-largest mobile phone user market.

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The world’s largest mobile phone user market is China; now, for the first time, the number of mobile phone users in the two countries has exceeded one billion. Telecom Regulatory Authority of India data shows that as of October, the number of Indian mobile phone accounts was 10.3 million, representing an increase of 0.7% from the previous month.

India’s Mobile Phone Users Exceeded One Billion: In Future Will It Surpasses China?

India's Mobile Phone Users Exceeded One Billion

India currently has about 12.5 million people using smartphones, and the number of mobile phone users is much higher than in the United States and European countries. Only the most significant operator, Bharti Airtel, will have 200 million users, while the total US population will be more than 300 million.

The rapid growth of Indian mobile phone users is mainly due to the lower price of smartphones and low service costs, which also benefited from intense competition in the market, whether mobile phone manufacturers or mobile operators compete in this emerging market.

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Insiders said that although the number of Chinese mobile phone users as early as 2012 exceeded 1 billion, in the next few years, the Indian market to promote the role of the smartphone business can not be overlooked. Currently, India continues the popularity of smartphones and has no slowdown.

India has about 12 mobile operators, so the market is fiercely competitive. This also led to a growing decline in the profitability of the market. Therefore, the rating agency Fitch Ratings said last month that the future of the call only remains 5-6 large and smaller operators or withdraw or be acquired.