The migration from 250-million-strong feature phone user base to smartphones used to happen at 5 million handsets per month before the pandemic, but has since slowed to 3.0-3.5 million, with shipments declining every year. “With the tariff hikes, this may slow down even more to 3.1 million in 2024,” said Tarun Pathak, research director at Counterpoint Research.
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Steep telecom tariff hikes may slow shift to smartphones
Steep telecom tariff hikes may slow shift to smartphones
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