Mobile revenues to hit $25.6b by 2011: Gartner

Posted on | July 20, 2007 |

India’s mobile services revenue will grow to $25.6 billion by 2011 according to research firm Gartner.

Telecom revenues were around $8.95 billion in 2006, of which 9.6% were contributed by data services. Share of data revenues would rise to 22% of the total revenues by 2011. Gartner says entry of Vodafone will vitalise data services and the overall telecom market.

• Mobile market penetration is projected to increase from 12.7% in 2006 to 38.6% in 2011.
• By 2011, around 58% of the rural population and 95% of the urban population would be mobile.
• Pre-paid connections, which accounted for over 84% in 2006, are expected to grow to around 93% of the total connection base by 2011.
• Mobile subscribers would grow at a compounded annual rate of 23%, taking total connections to more than 462 million in 2011.

Source: Business Standard

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