The Mobile Carrier Boom In India

While some have been pointing it out for quite a while, it looks like Business Week has just noticed that mobile phone service is absolutely booming in India, leading to a mad dash to buy up shares in carriers — which may explain Hutch’s desire to cash out while the cashing out is good. There’s a lot of competition there, and there’s likely to be quite a bit of consolidation as well, but it’s clear that the country has gone mobile in a big way.

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