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India mobile handset revenues drop 5% in FY2011-12; Nokia retains No.1 spot despite negative growth in revenues

Monday, July 9, 2012 | More »

Indian mobile handset market revenues dropped 5 per cent from $5.9 billion (Rs 33,031 crore) to $5.586 billion (Rs 31,215 crore) in fiscal year (FY) 2011-12. The prime reason behind the drop was the negative growth in the feature phones sales as well as the lower average selling values (ASVs), accor...