"Even amid the global economic slowdown, one Indian industry continues to boom: selling cellphones to the rural poor.Economists have slashed Indian economic growth forecasts for this year and the stock market is in the doldrums. But cellphone companies are signing millions of new subscribers a month, making India the fastest growing mobile-phone market in the world. There is no sign of a slowdown yet: figures to be released later this month are expected to show that new subscriptions in January reached a record 11 million."
10 February 2009
Rural Mobiles ~ Indian Farmers Get Connected...
Great to see Eric Bellman's piece in the WSJ titled Rural India Snaps Up Mobile Phones. Bellman notes...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment