QTech is a technology company based in India focused on the development of smartphones and vertical solutions for the enterprise, government and high-end consumer markets. QTech aims to make Palm Powered smartphones a central part of its core business by partnering with leading mobile operators in India and Latin America.
According to QTech, India is one of the fastest growing wireless markets with cellular connections predicted to grow to 56 million by the end of 2004, and reach 130 million by 2008. This growth can be attributed to the removal of regulatory hurdles for CDMA-based mobile services, the adoption of a unified telecom license to enable fully mobile services, the reduction in pricing of cellular services and the growing availability of a wide range of handsets at different price points. Latin American mobile markets are also growing very rapidly, with a forecast of 160 million subscribers by 2005.