India is the world's fastest growing cell phone market with the industry expanding at a rate of 50% annually with 5 million new subscribers added every month. This is an indication of continued private-sector growth.

Question

Quizplus · Accepted Answer

The statement is outdated. While India has been one of the fastest-growing cell phone markets, the specific growth rate and subscriber addition figures may not be accurate as of 2023.

India Is the World's Fastest Growing Cell Phone Market with the Industry