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 Thursday, January 24, 2008

At the end of 2007, the total number of mobile connections in India had grown by 61.0% year-on-year to reach 229.56 million. GSM connections totalled 172.13 million, 75% of the total. Net additions in December stood at 7.95 million, while the 2007 total stood at an astounding 86.99 million new connections - more than the entire market in Italy, which has had mobile operations for over 20 years, and more than China's 2007 total of 86.16 million.

Penetration in India is still low, having reached 20.5% at the end of 2007, and there is no reason why the market should not continue to grow rapidly, even if it cannot maintain 2007's stupendous pace. In fact, provided there is not a significant slowdown, India looks set to overtake the USA as the world's second largest market in 2008, as the chart suggests.

Market leader Bharti increased its market share to 24.0% at the end of December, a 1.6pp year-on-year gain, and finished the year on 55.16 million customers. December completed a six-month run of 2m+ monthly net additions with a record-breaking 2.20 million new customers (excluding Tata's July figure, which was massively boosted by a reclassification of its WLL customers as mobile). In second place, Reliance continued to fend off the challenge of Vodafone, stretching its lead to over 1 million for the first time in 6 months. At the end of the year it had a total of 40.93 million customers compared to 39.86 million for Vodafone.

USA vs. India: Total Customers, EOP (m), Q3 05 - Q4 07

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Thursday, January 24, 2008 3:59:36 PM (W. Europe Standard Time, UTC+01:00)  #     |