Monday, March 24, 2008

India to Overtake U.S. as World's Second-Largest Mobile Market

  • Subscribers base to cross 300 million in April 2008.
  • Wireless subscribers base reaches 250 million mark. India to become second largest wireless network in the world by April 2008.
  • Wireless Subscribers addition is 8.53 million in February 2008.
  • Broadband continues to grow in the country.
  • Tele-density cross 25% mark.
Total 8.49 million telephone connections have been added during February 2008 as compared to 8.74 million connections added in January 2008. The total number of telephone connections reaches 290.11 million at the end of February 2008 as compared to 281.62 million in January 2008. The overall tele-density is 25.31% at the end of February 2008 as against 24.63% in January 2008. In the wireless segment, 8.53 million subscribers have been added in the month of February 2008 as against 8.77 million subscribers added in the month of January 2008. The total wireless subscribers (GSM, CDMA & WLL(F)) base stood at 250.93 million at the end of February 2008. It may also be noted that India is likely to become second largest wireless network in the world after China in the first half of April 2008. US is adding about 2-3 million subscribers in a month where as China is adding around 6-7 million subscribers in a month. India's monthly wireless subscriber addition is highest in the range of 8-9 million a month. Thus India's wireless subscriber base during the first half of April 2008 will surpass that of USA and will become second largest wireless network in the world.