38 million mobiles sold in last fiscal

Posted on | June 19, 2006 |

According to the Indian Telecom Industry Report released by Voice & Data, around 38 million mobile handsets were added in 2005-06.

Nokia leads with over 50% of handset market, while LG surprises by coming second with about 18%.

The GSM mobile phone market had a 73% and grew at 42%, clocking revenues of Rs 10,506 crore.

The market for CDMA handsets grew at 164% to reach Rs 3,752 crore.

The fixed phones market slipped by 6% to settle at Rs 1,799 crore.

Nokia remains the top telecom equipment vendor in India with revenues of Rs 12,062 crore.

LG Electronics jumped from the sixth place in 2004-05, to become the number two telecom vendor in India.

The telecom equipment market grew at the rate of 25% in 2005-06 to settle at Rs 52,998 crore.

The market for carrier equipment stood at Rs 29,040 with a growth of 13% and the market for telephones (mobile and fixed) grew at 50% to reach Rs 16,057 crore.

Source: Business Standard

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