Mobile Ring Tones Becoming A $200 Miilion Industry In Two Years In India


Business Standard: Mobile ringtones market in India is set to generate Rs 880 crore ($200 million) in two years. Industry sources estimate that around 25 million ringtones and ringback tones are downloaded every month by mobile customers across the country. That figure is expected to double by the end of the year. Online stockbroker Share Khan predicts that sales of these two tones alone will generate over Rs 880 crore by 2007.

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