Cellcos promise jazzier phones at lower prices in mobile retail market

Mobile companies are now gearing up even faster to get a slice of the Indian telecom market by offering the latest technology, design and the lowest pricing to woo Indian consumers. So, it may not be long when one would be able to get a mobile featuring camera with 10 mega pixels, 8 GB memory and even FM for Rs 1,500 or even less. According to global investment bank, Macquarie research`s latest report on India telecom sector, the mobile penetration in India is set to increase to 36.7% in the next three years. Though mobile penetration in India (14.3%) is lower than its neighbours like Pakistan (30%), India beats everyone because of its sheer size.

Courtesy: EconomicTimes