Handset sales to touch 9.3 crore units in 2007

Posted on | November 7, 2006 |

ET article quotes a telecom report from Citigroup on Indian handset market in 2007.

Mobile handset sales, including new users and replacements, in India will increase by 26% to 9.3 crore (93 million) units in 2007.

Total handset unit sales in India is estimated to more than double to 7.4 crore in 2006, from 3.1 crore units in 2005, while total shipments stood at just 20 lakh units in 2001.

Asia will drive the global growth in handset sales as units will rise 14 per cent to 36.7 crore in 2007 and reach 35 per cent of the world market,
Analysts said that a 14 per cent growth in Asia would be primarily driven by India, “as combination of subscriber growth and replacements continue to drive perhaps the best unit growth globally.”

Citigroup expects the worldwide handset shipments to rise 7% to 103.9 crore in 2007, after a 19% growth in 2006 to 96.8 crore units.

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