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Sunday, August 22, 2010

India to have 100mn 3G broadband subscribers by 2015: PwC


Indian telecom market has been growing at a CAGR of approximately 30% since 1995 and still growing strong. With additions of more than 14 million subscribers per month in the year 2009, the wireless subscriber base has grown to 635.51 million in June 2010, second only to China. Despite strong growth the industry also faces certain challenges such as low rural penetration, stagnant data usage over the years and limited broadband services says PricewaterhouseCoopers in its latest report titled ‘Mobile Broadband Outlook 2015’. However, the recently concluded 3G spectrum and BWA auction saw intense competition among the bidders resulting in a revenue inflow of Rs.1.06 trillion for the government, surpassing most estimates. In this context, the report examines the potential for Mobile Broadband Services, its impact on the telecom industry and other allied sectors in India. On the future of mobile broadband in India, Sivarama Krishnan, Executive Director, PricewaterhouseCoopers commented, "The transformative power of mobile broadband lies in its ability to enable greater access to the internet in India. Everyone from telecom industry, Government to other industries will be able to leverage a ubiquitous platform to reach out to a wide range of customers and provide diverse products and services more effectively."