Handset sales to reach 38m in ‘06

Posted on | December 4, 2005 |

The number of cellular handsets to be sold in India next year is projected to reach 38.5 million units (including replacement and grey handsets), or a growth of 26% year-on-year, a report by Australian based research and forecaster BIS Shrapnel said.

As India is still a maturing market, new user handsets, which account for 65% of the handset market, comprise most handset sales. The remaining 35% of the handset market is controlled by the replacement market.

India’s mobile subscriber base surged to 65 million as of September and is projected to hit 71 million by the end of 2005.

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