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Indian cellular revenues to reach $24 bln by 2009

India's cellular services revenue will reach $24 bln by the end of 2009, recording a compound annual growth rate (CAGR) of 35.6%, according to Gartner.

India's cellular services revenue will reach $24 bln by the end of 2009, recording a compound annual growth rate (CAGR) of 35.6%, according to Gartner. The Indian cellular market will account for 11% of the overall Asia Pacific and Japan market by 2009. The entire Asia Pacific and Japan market will generate $225 bln revenue in 2009, a CAGR of 6.2% increase from 2004.