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 Wednesday, September 24, 2008

Mexico has the second largest customer base in South America behind Brazil with 73.45m customers at the end of Q2 08. This is approximately the same size as the UK customer base, although the population of Mexico is almost twice that of the UK, with a figure of just under 110m. This yields a penetration figure of 66.8% at the end of the quarter, up from 57.1% a year earlier. Penetration has been increasing at a steady rate, and if there is no significant slowdown then the 75% mark should be reached during Q2 09.

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Source: Cellular News.

Wednesday, September 24, 2008 9:30:49 AM (W. Europe Standard Time, UTC+01:00)  #     |