India's adoption of wireless communications is moving faster than anticipated, with predictions spiking to more than 265 million users by 2010 from more than 100 million today.
According to research firm In-Stat, the subcontinent's wireless carriers will continue to rake in profits, even though Average Revenue Per User (ARPU) levels have declined significantly and that downward trend is expected to continue, due to intense competition. The list of rivals includes Bharti Airtel, BSNL, Reliance, Hutchison and Idea Cellular (which is shopping its IPO around . Combined, these players accounted for about 84 percent of the subscriber base in 2005. The company says ARPU in India is one of the lowest in the world and could fall to $5.60 by 2010.
Source - Telecomweb
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