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 Thursday, October 23, 2008

Colombia mobile phone subscribers grows to 37.59 million as of the end of September, up 5.2% from 35.74 million at the end of June. Comcel holds the biggest sector of the mobile market with 24.18 million subscribers up from 22.72 million at the end of June, according to the regulator. 64% of the Colombian mobile market is controlled by Comcel. Spainís Telefonica posted 9.70 million subscribers and the company holds 26% of market share. Colombia Movil SA, the local unit of Millicom International Cellular SA (MICC), bags third position with 3.71 million subscribers and MICCís market share in Colombia is 10%.

In Comparison to the figures of 2007, the number of mobile subscribers at the end of September 2008 was 28% higher than at the end of September 2007. Colombia posted a rise of 17% at the end of 2007 in terms of total number of subscribers compared with the end of 2006. The statistics shows that the number of mobile telephone lines rose 27% in 2006 and more than 100% in 2005 as a result there is a stiff competition between the countryís three operators.

Source: Wireless Federation.