The Economic Times of India, citing a study by US market research firm Strategy Analytics, reports that India will become the largest WiMAX market in the Asia-Pacific by 2013.
That study predicts India's WiMAX subscriber base to reach 14 million by Year 2013 and grow annually at nearly 130%. Furthermore, the study projects initial investment in WiMAX ventures will top $500M in India.
"Eventually, we expect WiMAX growth to be much faster in smaller cities and rural towns. The investment on WiMAX will then go up substantially. WiMAX will not be an alternative to 3G but will be used for overall broadband diffusion in India," said Rahul Gupta, Strategy Analytics manager for emerging market communication service.
More from this article at Wimax.com
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