India Inc. sent out a billion SMSes wishing “Happy New Year”!

2 days, 260 million subscribers and a billion SMSes!

You guessed it right – more than a billion SMSes were exchanged on 30th and 31st of December! [source]

Assuming an avg. price of Rs 1, Indian consumers spent Rs. 100 crore in wishing “happy new year” to friends and families!

It’s funny that web2.0 companies are fighting desperately to build social networks, while the real network resides in one’s mobile sets.

What do you say?

Recommended Read: India’s Independence Day – 4 million + queries on the web.

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