From today's TOI : Nokia, the world's top cell phone maker, said that India overtook the United States in the second quarter as its second biggest market after China.
Nokia, based in Espoo, Finland, accounts for more than half the handsets sold in India, the world's fastest-growing wireless market. The nation has 190 million users, including the record 7.34 million added in June, faster than China's 7.05 million. Globally Nokia sold 100.8 million phones in April-June and according to research firm Gartner had a market share of 36.9 per cent.
Nokia and rivals such as Motorola Inc, Samsung Electronics and LG Electronics expect to sell as many as 93 million handsets in India by the end of March next year, according to the Indian Cellular Association. Less than 18 percent of 1.1 billion Indians have access to mobile phones.
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