India to overtake US as second largest 4G phone base, says Counterpoint report

Explosive growth in data usage, driven by attractive offers from operators like Reliance Jio and Airtel , is likely to catapult India as the second largest 4G handset market by next year, a report by Counterpoint today said. With an estimated installed base of 340 million 4G devices, India will displace the US as the second largest market.