NewswireToday - /newswire/ -
London, United Kingdom, 2008/02/27 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that India will be the fastest growing wireless market in the world with a forecast growth of 128.8% from 2007 to 2010.
The report, “Mobile Forecast- India (2007 – 2010)”, finds that the number of subscribers will increase from our projected 230.3 million in 2007 to 526.8 million in 2010. In addition, it predicts that in 2008, India will replace the United States as the second largest wireless market in the world after China.
Authors of the report say that the four major operators in the country will continue to have similar market shares over the next several years. Bharti-Airtel, Reliance, Hutchison, and BSNL will continue to serve approximately 24%, 19%, 17% and 15% respectively of total subscribers in 2010.
The study revises previous projections and predicts that average margins in the industry are now forecast to be 40.8% in 2010. Analysts state that taking into account Bharti-Airtel’s subscriber base, branding and positioning strategies, this company will continue to enjoy the highest reported EBITDA in India at 42.3% in 2010.
“1Q08 Mobile Forecast- India (2007 – 2010)” is available from Report Buyer. For more information, see website.
Report Buyer product ID: IEM00305
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