Tuesday, January 20, 2009

Is mobile the way out of the recession?

Well, no, of course it's not. But, the latest research out of India has found that increased mobile penetration boosts economic growth. According to the Indian Council for Research on International Economic Relations (ICRIER). When investigating the socio-economic impact of mobile technology, the researchers found that Indian states with 10 per cent higher mobile phone penetration enjoy an annual average growth rate 1.2 per cent higher than those with a lower teledensity, according to an interesting article on Telecoms.com.

But this shouldn't be a surprise. As my post on January 4th commented, you can see a real link between mobile penetration and the state of socio-economic development. For all the noise around how mobile phones can increase economic, as well as just physical, mobility in 'developing' markets, it's always interesting when the boffins actually manage to quantify it!

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