According to a survey carried out by Voice and Data, Nokia continues to be the 'undisputed' top telecom equipment vendor (both in terms of infrastructure and mobile handsets) in India with revenues of Rs 12,062 crore (Rs 120.62 billion) followed by LG Electronics to become the number two vendor.
LG electronics, which was on the sixth place in 2004-05, jumped to second rank mainly due to explosive growth in the mobile and fixed phones. LG Electronics' revenue during 2005-06 stood at Rs 3,326 crore (Rs 33.26 billion).
India to be Nokia's global hub for network services
Besides Nokia and LG, other top 10 companies are Cisco (enterprise networking), Wipro, TCS and Infosys (telecom software), Ericsson, Nortel (wireless infrastructure, enterprise networking), ITI (wireless infrastructure and turnkey services) and Motorola (mobile phones and wireless infrastructure).
According to Voice and Data, about 38 million mobile handsets were added in 2005-06 and GSM had a 73 per cent share of the mobile phone pie.
The GSM market grew at 42 per cent while the market for CDMA-based handsets grew at 164 per cent during the year under review.
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