(GSM, which stands for Global System for Mobile, is the world’s most popular standard for mobile communications.) In specific segments, such as GSM telephony, Nokia’s market share in India is as high as 70%. Among them, one company - Finland-based Nokia - forged ahead of rivals and today commands a 58% market share for mobile phones (also called “handsets”). 2 million subscribers a month.) Recognizing this potential, several global telecom giants jumped into the fray when the Indian government first opened up the country’s telecom market to private enterprise in 1994. (China, in contrast, adds 5 million subscribers, and the U.S. The country has some 170 million subscribers and adds 6 million to 7 million more each month. By most accounts, India is among the world’s fastest-growing markets for mobile phones.
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