Few facts:----India is the second-largest cellular market in the world bysubscribers, with 894 million at the end of Decem...
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Cellular phone market in India

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Cellular phone market in India

  1. 1. Few facts:----India is the second-largest cellular market in the world bysubscribers, with 894 million at the end of December, althoughfierce competition means call rates are among the lowest.Bharti, the worlds fifth-largest carrier by subscribersIn 2G scam, Police have charged six companies and 19 people,among them a billionaire owner of the Essar Group; topexecutives of Telenors and Etisalats India ventures and threefrom billionaire Anil Ambanis Reliance Group.2G scam saw, embarrassment for Prime Minister ManmohanSinghs government, which oversaw the sale of the licences atbelow-market prices, costing the exchequer as much as $36billion in lost revenues and leading to political gridlock. The Supreme Court ordered telecoms licences issued under ascandal-tainted 2008 sale be revoked, striking a decisive blowagainst corruption that plagues the country and roiling the worldsNo.2 cellular market.The ruling applies to 122 licences held by eight operators butpotentially affects fewer than 5 percent of users in a fiercelycompetitive market crowded with more than a dozen players.

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