Indian telecom added 15 million new customers in January bringing total phone connections in the country to be 400 million. 91% of these are mobile users. There’s something not effected by the economic slowdown.

To read more check out this article at Economic Times.

Contrary to what some say in the US the Indian mobile market is not very fragmented. The top 5 carriers are responsible for 90% of the Indian Mobile market says Sanjay Gupta at MobiSolv, an Indian mobile ad network.

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