3G Mobile Subscribers in India is Expected to Grow at a CAGR of 88% During 2011 -2014

Dublin, June 10, 2011--The Indian telecom industry has undergone a revolutionary change during the past few years to become one of the leading telecom markets on the global map. Easy availability of low-priced devices, rampant network coverage, and affordable services are some of the major factors that have boosted its growth and will continue to do the same in future. Further, wireless teledensity has also risen to the level of around 68% at the end of FY 2011, but still there is a vast scope for further improvement due to a wide gap in teledensity between urban and rural areas. For instance, the wireless teledensity in urban areas rose to around 150%, while it stood at around 33% in rural areas during FY 2011.