Wednesday, October 25, 2006

India adds more than 6 mln new mobile users in Sept

We are seeing a revolution in the making. 6 million phones in a month is 2.3 phones sold every second! In the time it takes to read this article, another twenty phones have been sold. Add to this that providers like Airtel are adding a cell tower every twenty minutes, and you can get a sense of how rapidly things are changing. After being stuck with 1 phone per 100 for decades, India is surging towards substantial teledensity in a matter of years.

The impact of telecommunications on productivity are well known. It will be interesting to see whether this sudden increase in connectivity will lead to a virtuous cycle, finally ending poverty in our lifetime.

0 Comments:

Post a Comment

<< Home