Mobile Services Market $11.2 Billion At 2006 End; Operators Two Years Capex Estimated At $20 Billion

A Research and Markets report pegs the Indian Mobile Services market at $11.2 billion at the end of 2006.The research expects significant growth in mobile connections until 2010, but that will primarily be in the prepaid connections. Bollywood will be significant for growth of VAS content. [via release] (Not) Surprisingly, the story doesn’t mention Cricket as the other significant factor impacting the growth of VAS. No mention of the proverbial long tail and niche markets…
A PTI report (via the Statesman) quotes a Maquire Research, which suggests Indian telecom operators intend to invest around $20 billion of capital expenditure over the next two years. Revenue for operators from the mobile business is expected to be $33.1 billion by 2010. They believe at at the end of two years, mobile services will cover around 80 percent of the population.

Via: Moconews