Cell Phones, also known as Mobile Phones, have become a way of life. It is no exaggeration to state that in the modern times, it is almost impossible to lead a normal life without the help of cell phones. Believe it or not, several countries including the UK now have more mobile phones than people. If this sounds incredible to you, take a look at the following startling statistics:
– Around 80% of world`s population has mobile phone coverage as of 2006. This figure is expected to increase to 90% by the year 2010.
– In the United States, 50% of children own mobile phones.
– On a numerical basis, India is the biggest growth market adding about 6 million cell phones every month and it is expected to be 500 million by end of 2010.
The market for the cell phone is becoming over-crowded with scored of companies invading the market every quarter of the year. However, as per a recent survey, Nokia Corporation is the largest manufacture of mobile phones with a whopping market share of approximately 36% in the first quarter of 2007. Typically, the mobile phones are meant to play the same role as their stationary counterparts, i.e., landline...
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