ZDNet India.com:
According to UNCTAD’s Information Economy Report, released on Friday, the uptake in India and China has made mobile telephony the only ICT indicator where the developing countries have higher share than developed countries. While China recorded 3,34,824,000 mobile phone subscribers in 03-04 (up 24 per cent from 02-03 base), India grew a whopping 81 per cent to 47,300,000 in 03-04.
In the context of net penetration, while the growth in China has slowed down, from 35 per cent in 2002 and 2003 to 18 per cent in 2003 and 2004, India has seen a whopping growth from just 12 per cent in 2002-03 to over 89 per cent in 2003-04. The number of users has increased from 184,81,044 in 02-03 to 350,00,000 in 03-04.
The report has also called attention towards the short comings in the developing countries preventing them to take advantage of the huge potential of e-financing, e-credit and e-tourism. While it has put a finger on the loopholes in the existing payment systems, the report has enlisted ICICI Bank in India as one of the most advanced banks in terms of online financial services in Asia. It has one of the most evolved e-business suites, online trading services in the region.
Click here for the UNCTAD’s Information Economy Report (pdf)
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