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Nokia forecasts 500 million mobile phone users by 2010
TT Bureau |  |  10 Apr 2008

Nokia, world’s leading mobile phone supplier expects India’s mobile phone user base to surpass 500 million mobile phone users by 2010. The company predicts that 60 million users will have mobile video capability and 100 million will prefer mobile music services.

 

D Shivakumar, vice president and managing director of Nokia India forecasted that half the number of subscribers will access the Internet through mobile phones.

 

He further said “Services provided through mobiles will open a window of opportunity for advertisers in the country. The market will get divided into three sections: the top-end limited to some 50 million customers, the mid-range comprising around 150 million subscribers, and the third tier, claiming to be unique to India, dominated by low-cost basic handsets with minimal functionality.”

    
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10 Apr 2008(IST)  
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