Weekly Current Affairs

Notice

  • Driven by falling prices of devices and network coverage improvements, India is expected to have one billion unique mobile subscribers by 2020.
  • According to the report, ‘The Mobile Economy: India 2016’, at the end of June 2016, 616 million unique users had subscribed to mobile services in India, making it the second-largest mobile market globally.
  • Almost half the country’s population now subscribe to a mobile service.
  • Improving affordability, falling device prices and better network coverage aided by operator investment will help deliver over 330 million new unique subscribers by 2020, taking the penetration rate to 68% (up from 47 per cent in 2015).
  • The number of 3G/4G mobile broadband connections is forecast to reach more than 670 million by 2020, 48 per cent of the total connection base.
  • Report states that industry is set to invest heavily, with capital expenditure by operators growing to $34 billion (Rs.2.3 lakh crore) for the period 2016 to 2020.