The Indian mobile telecom industry has shown immense growth. As of March 2012, it reported 919.7 million mobile subscribers. The total urban mobile subscriber base stands at 596 million, while there are 323 million rural mobile subscribers in the country.The Indian MVAS (Mobile value added services )industry reported unprecedented annual growth of 36 percent to reach USD 3,533 million in 2011. We estimate that the industry will touch USD 7,106 million by 2016, registering a year-on-year growth rate of 15 percent.