Construction of Eden Hills began in October, with the first phase anticipated for completion by Q4 2027
realty7 hours ago
India is projected to have 236 million mobile internet users by 2016, with the figure reaching 314 million by 2017, a report said here on Monday.
The country will have over 500 million internet users by 2017 as compared with over 350 million as of June 2015, 'India On The Go - Mobile Internet Vision Report 2015' pointed out.
The report by Internet and Mobile Association of India (IAMAI) and KPMG said 2G user base in India is projected to decline in the coming years as more and more customers are expected to migrate from 2G to 3G.
The 3G user base in India is rapidly gaining market and is projected to grow at a compound annual growth rate (CAGR) of 61.3 per cent from 2013-17.
There were approximately 82 million 3G subscribers in India by the end of 2014 and the number is projected to reach 284 million by end of 2017.
"It is imperative to connect Indians through the internet, of which the mobile internet will play a key role since reliable accessibility will be the killer app that will bind the internet ecosystem together, increase adoption and enable innovation in business models around voice and data services," Ashvin Vellody, partner - management consulting, KPMG, India, said.
"While the urban market has not reached its saturation point, it will be non-metros and rural India that will be driving the internet growth in India. And this is where mobile internet will play a pivotal role," Subho Ray, president, IAMAI, said.
"The advent of low-cost smartphones, coupled with low mobile tariffs, has empowered consumers in the hinterland to use data connectivity and we will seeing more usage of internet from these areas in the months to come," he added.
Construction of Eden Hills began in October, with the first phase anticipated for completion by Q4 2027
realty7 hours ago
Business, investment and philanthropy climate platform forges pathways for robust public-private partnerships
business7 hours ago
The Chinese moved to six points from five games with Zhang's 91st minute winner against Bahrain
sports7 hours ago
All Seasons Residence in Dubai Sports City to be ready for handover in December 2027
business7 hours ago
Initiative aims to inspire sustainable food choices in Dubai
business7 hours ago
More than 3,380 people have been killed in Lebanon since the clashes began last year, according to the health ministry
mena7 hours ago
The two countries are celebrating 50 years of diplomatic relations this year
uae7 hours ago
The social media platform opened its first office in the Middle East and North Africa region in the emirate in 2015
uae7 hours ago