We at GOPIO believe that these awardees have contributed significantly to the countries of their adoption as well as to India, and have added a special glitter to the resurgence of India.
As carriers and handset vendors seek to drive greater adoption of 3G services, however, we believe the pace of these technology upgrades could drive a mobile handset inventory overhang, similar to that seen in 2003 as customers began adopting camera-equipped handsets.