India mobile market defies gloom

Amidst all the economic gloom, one business is still booming -- India's mobile phones -- thanks to the world's lowest call rates driven by fierce competition among cellular operators, experts say. [via Yahoo! News]

And while economists forecast a sharp slowdown in India's economic growth, no downturn is seen in the mobile market, which added a record 15.4 million wireless users in January -- the biggest monthly growth ever, according to the latest official data.

... Most of the growth has been driven by labourers, maids, drivers and other lowly paid people in cities and increasingly in rural areas as innovative marketing has made phoning cheap enough for some of the poorest pockets.

Photo from Kevin Kelly blog.

emily | 11:09 AM | News, Buzz |
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