Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Wireless forecast is bright for India

by Tony Sagami on November 19, 2008

in Inflation Statistics

The CEO of India’s largest cell phone company is very optimistic about its prospects.

“India’s inflation fortunately is dropping, which clearly means that more and moredisposable income is coming to telecom, media and Internet services from other staples. The government of India is alsopromoting broadband in a big way and you’ll see the broadband revolution following the mobile revolution.”

And he expects his Indian subscriber base to increase from 315 million to 737 million by 2012. That is huge, hugegrowth.

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