Why India's "Slums" are Not a Bad Thing: They are Waystations

It frequently is necessary, in sports or life, to "skate to where the puck is going to be." Something like that arguably applies to "slums" in many parts of the world. True, conditions are far from ideal. But change is the main story.

The Asia Pacific region will, over the next couple of decades, drive the highest growth of communications revenue of any region, though Africa will surprise, as well. China and India will be a big part of the story. 

And the reason communications will grow so much is that personal incomes will rise dramatically. As huge numbers of new middle class consumers are produced, markets for all sorts of consumer products, not limited to communications, will develop.