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 Thursday, April 10, 2008

Iran had the fifth fastest growing mobile market in the MEA region in 2007, with the number of subscribers almost doubling year on year from 14.33m at the end of 2006 to 28.51m at the end of 2007. In absolute terms, no market in the region gained more new connections than Iran in 2007.

This extraordinary growth (a 98.9% annual increase) can be attributed to the launch of Irancell in the final quarter of 2006. Having added 0.15m customers in its first two months of operation, Irancell surpassed the 1m barrier during Q1 07, and during Q4 it went through 5m to finish the year on 6.01m customers. This represents a phenomenal annual growth rate of 3800%. On a quarterly basis, the 61.5% growth of Q4 was the lowest rate seen so far, but this was still higher than the year-on-year increase recorded by market leader Telecommunications Company of Iran (TCI).

Iran: Quarterly Net Additions, Irancell and TCI

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Source: Cellular News.