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 Tuesday, October 21, 2008

The Turkish mobile penetration rate reached 88.8% at the end of Q2 08, up 8.0pp year on year, with an end-quarter customer base of 63.81m. On a quarterly basis net additions stood at 1.27m, while the annual gain was 6.28m, the lowest figure for four years. Meanwhile, proportionate annual growth was down to 10.9%, the lowest level ever recorded in Turkey.

The graph below may seem to suggest a dramatic decline in Q2 08, but in fact the four previous growth rates were significantly boosted by an extraordinary Q2 07, which saw net additions of 3.71m.

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Source: Cellular News.