Market share of Hutch (now Vodafone in India) in comparison to other telecom services in India
Summary :
Table of Contents
- Introduction
- Characteristics of market
- Projection for Indian telecom market
- Opportunities and market segments
- Detailed about Hutch's penetration into the Indian market
- Potential for growth in India
- Research methodology
- Analysis of the research
- Features of the Hutch card
- Value added features of Hutch
- Suggestions for the research conducted
- Conclusion, limitations and questionnaire
- Bibliography
Abstract
The Indian Telecommunication network with 69 million telephone connections is the fifth largest in the world and the second largest among the emerging economies of Asia. Today, it is the fastest growing market in the world and represents unique opportunities for UK companies in the stagnant global scenario. With tele-density approaching 6.9 per hundred, the target to achieve 15 per hundred by 2010 looks well within reach. india's total mobile subscriber base (both cellular and wireless in local loop-mobile) has reached 27 million. About 85% of the villages have village public telephones (VPTs) - 5,16,887 VPTs exist in india. The remaining 15% that includes 88,970 villages are yet to be covered. Accordingly, india's 10th Five- year plan 2002-07 projects £25 billion worth of investments in 50 million fixed lines, 30 million cellular lines and 20 million Internet connections.
The telecom services market in india for the FY ending Mar 03 is worth £7 billion and the equipment business is worth £4 billion. Combined together the telecom market in india continues to grow at an annual rate of 23%. Much of the growth has come from wireless telephony-cellular and WLL-M.
A number of stumbling blocks have fallen and many more are expected to come tumbling down soon. According to the Gartner Report, the Indian telecom services market will touch £10 billion by 2006.
Due to intense competition, last year saw a considerable rationalization of tariffs. This is reflected in the growth of industry. Though the subscribers increased by 100%, revenues are growing at an approximate rate of 23%.
The telecom services market in india for the FY ending Mar 03 is worth £7 billion and the equipment business is worth £4 billion. Combined together the telecom market in india continues to grow at an annual rate of 23%. Much of the growth has come from wireless telephony-cellular and WLL-M.
A number of stumbling blocks have fallen and many more are expected to come tumbling down soon. According to the Gartner Report, the Indian telecom services market will touch £10 billion by 2006.
Due to intense competition, last year saw a considerable rationalization of tariffs. This is reflected in the growth of industry. Though the subscribers increased by 100%, revenues are growing at an approximate rate of 23%.
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