India's Great Leap Forward?

The world's second fastest-growing mobile phone market offers challenges for telecoms and implications for Indian society

Long a telecom backwater, India is rapidly embracing mobile telephony and is one of the fastest-growing markets on the planet right now. For global handset makers such as Nokia (NOK), Motorola (MOT), Samsung (SSNGY), and LG, the explosive growth in India offers huge opportunities—but also a critical challenge. How do you deliver low-priced handsets in the $40 range that still boast compelling design and decent functionality?

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