The Internet is seeing a 40 per cent increase in users every year in India and with more computers online and more people accessing the Net on mobile phones, advertising revenues are growing at almost 50 per cent per year, the Yahoo official said. “AOL has built one of the largest online communities, now we want to extend that to India,” AOL president and COO Ron Grant said.
AOL sees an Indian market of 45 million users at present and growing in double digits.