India unveils 'people's phone' for £10.......... - Mercedes-Benz Forum

 
LinkBack Thread Tools Display Modes
post #1 of 4 (permalink) Old 02-14-2008, 08:00 AM Thread Starter
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
India unveils 'people's phone' for £10..........

India unveils 'people's phone' for £10

India has already built the world's cheapest car — the £1,200 Tata Nano — now the country has delivered the telecoms equivalent: the £10 "people's phone".

The mobile handset, developed by Spice, an Indian conglomerate listed in Bombay and worth £1 billion, is angled at the lowest end of the market.

This means that it has jettisoned all "non-essential" features — such as a screen.

"It is just a phone," Bhupendra Kumar Modi, the Spice chairman, who hopes to sell about ten million in the next year, confirmed.

Mobile phones priced at less than £20 account for about a fifth of the global market.

However, with half the world's population yet to make a phone call and developing markets becoming saturated, manufacturers see massive potential in budget phones.

Spice will begin selling its people's phone in Asian markets from next month.

It suggests that prices can be stripped down further and that a £5 model is not far away.

India, the world's fastest-growing mobile market, where mobile subscribers are expected to more than double in the next three years, to 500 million, is a prime target for a budget player.

While Western markets are largely saturated, It is estimated that more than 870 million of India's 1.1 billion population are yet to own a mobile.

By contrast, in the UK, the number of mobiles beats the number of people, according to Ofcom, the regulator.

Vodafone, the world's largest mobile operator, recently said that it planned to invest $2 billion (£1 billion) in India this year.

The funds will be spent on infrastructure, retail outlets and advertising.

Virgin Mobile is expected to enter a partnership with Tata Teleservices in coming weeks.

India unveils 'people's phone' for £10 - Times Online
Jakarta Expat is offline  
Sponsored Links
Advertisement
 
post #2 of 4 (permalink) Old 02-14-2008, 02:59 PM
BenzWorld Elitist
 
Marsden's Avatar
 
Date registered: Dec 2005
Vehicle: Mercedes-Benz
Location: United States
Posts: 11,335
Mentioned: 3 Post(s)
Quoted: 420 Post(s)
Lifetime Premium Member
Oh great. It's not bad enough that there will be a billion more people driving cars, now there will be another billion mistakenly calling my phone# and asking for Sunil or Lakshmi.
Marsden is offline  
post #3 of 4 (permalink) Old 02-14-2008, 03:04 PM
BenzWorld Elitist
 
Marsden's Avatar
 
Date registered: Dec 2005
Vehicle: Mercedes-Benz
Location: United States
Posts: 11,335
Mentioned: 3 Post(s)
Quoted: 420 Post(s)
Lifetime Premium Member
WHICH reminds me.... Lakshmi Mittal's little place in Kensington Gardens... $128 million...

Marsden is offline  
post #4 of 4 (permalink) Old 02-14-2008, 03:06 PM
BenzWorld Elitist
 
Marsden's Avatar
 
Date registered: Dec 2005
Vehicle: Mercedes-Benz
Location: United States
Posts: 11,335
Mentioned: 3 Post(s)
Quoted: 420 Post(s)
Lifetime Premium Member
He only has room for 20 cars in the garage there! Next door is the Sultan of Brunei... you know HE didn't skimp on the garage...

- Forbes.com
Marsden is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    Serious shortage in India GeeS Off-Topic 14 02-07-2008 06:27 PM
    India unveils world's cheapest car keyhole Off-Topic 4 01-11-2008 09:56 AM
    Is the W123 TE the wagon that changed people's Rickthecoinman W123 E,CE,D,CD,TD,TE Class 4 12-27-2003 10:19 PM
    A link to Finlandia people's ML's...unique JD W163 M-Class 3 01-03-2002 03:34 PM
    What are people's thoughts on adding water remover to the fuel system? (isopropyl alcohol) Cap -- Baltimore R170 SLK-Class 3 12-04-2001 04:30 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome