Indian Smartphone Industry India is by far the fastest growing smartphone market in the world with smartphone shipments surging by 167% to almost 9.5 million units during Q113. However, Tier 1 makers such as Nokia (NOK), Blackberry (BBRY) are not managing to capitalize on the shipment growth, While Samsung has managed to remain the numero […]
Nokia The company has gone down alarmingly in the last 2-3 years making it a classic B-School case study of how not to run a company. Nokia’s market capitalization has gone down by around 95% from a $100 billion to around 5-6 billion now. There are many reasons which have contributed to this downfall, the […]
Solar Mobile Phones India has the fastest growing market of mobile phones, with the second largest number of subscribers in the world. There are more mobile phones in India than toilets, and phones have reached the poorest sections of the society. The low call rate charges and the cheap price of phones has made it […]
Telecom Companies in India are in general an unscrupolous lot with the 2G Scam showing the whole telecom industry of India in a Bad Light.While a number of top executives of telecom companies spent time in jail,it seems that these companies have learned nothing.They continue to find loopholes to take both their customers and government for a ride.Indian Broadband and Telecom companies have made defrauding customers an art by illegally adding value added services and charging for them.They also burn millions of dollars in subsidized diesel to power their telecom towers since there is no restriction on that.Now these comapnies have been caught again in another manipulation trick in 3G services.
The Indian telecom industry is the world’s fastest growing industry with 792 million mobile phone subscribers as of February 2011. It is also the second largest telecommunication network in the world in terms of number of wireless connections after China. The industry will reach around $80 billion in revenues by next year showing an astounding CAGR of over 25% and will employ a stupendous 1 crore employees making it one of the biggest value creators in India in recent times. The introduction of mobile phones brought a major revolution in the industry. Mobile phones have become a modern day necessity. Be it a professional, a trader, a housewife or a student, everyone has one. The availability of cheap mobiles in the Indian market, is also a major factor in making it available & affordable to the common masses. Today’s mobile phone is not just a phone, it has a built in camera, music system, games & internet enabled networking. These facilities entertain you as well as make you available to work as & when required.
Nokia which is the undisputed king of the Indian market is facing not only increased competition in the high end space from smartphones by Apple,RIMM,Google and others but also in the low priced end. A number of Indian companies like Olive,Micromax etc have made inroads with cheaper and feature rich handsets. Nokia has a much […]