Wednesday, May 24, 2017

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN




About 2point6billion.com

2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.




India Passes Half a Billion Mobile Phone Users Landmark

Nov. 5 – India has just reached a unique landmark with China, becoming only the second nation to achieve half a billion mobile phone subscribers. The number of telephone subscribers in India has increased to 509.03 million at the end of September with nearly 15 million subscribers being added in the month.

This beats the Indian government’s target of 500 million users by the end of 2010. With this, the overall tele-density in the country has reached 43.5 percent. The wireless subscriber base has increased from 456.74 million in August to 471.73 million at the end of September, a growth of 3.28 percent.

Mobile operators offering per second billing has contributed to the surge in subscriber numbers. Wireless tele-density stands at 40.31 percent. The total broadband subscriber base has also increased from 6.98 million in August to 7.22 million in September, showing a growth of 3.29 percent. Broadband subscription is expected to get a boost once the government auctions spectrum for 3G and broadband wireless access services early next year, as part of its National Broadband Penetration Program.

Related Reading:
Broadband Kiosks Used to Penetrate Rural India
India Surpasses China as Fastest Growing Telecoms Market

This entry was posted in Business. Bookmark the permalink.



Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF