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.

Related posts:
  1. India inflation acclerates Central bankers all across Asia are raising interest rates, including the Reserve Bank of India increased its key rate to...
  2. India Central Bank raises rates At least one country is serious about fighting inflation. The Indian Central Bank raised interest rates for the second time...
  3. Indian inflation hits 11% It isn’t as bad as Vietnam or Russia, but inflation in India is running at more than an 11% annualized...

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

I agree to the Terms and Conditions of this blog.

Previous post: IMF expects emerging markets to grow

Next post: 2.8 million Asian million dollar portfolios