The total hi-speed wireless broadband subs base in the country expanded to 70 mn at end-December 2014 from 40.27 mn at end-December 2013, a healthy growth of nearly 75%.
We note that the top-3 incumbents' share of hi-speed wireless broadband subs in India (3G + EVDO + LTE; phones + dongles + routers) has gone up to 67.7% at end-December 2014 from 51% at end-December 2013. Incumbents? share of incremental subs was nearly 90%, validating our argument earlier in the note that accelerated data adoption is one of the key factors driving sustained RMS gains for the incumbents.
