India hits one billion mobile phone subscribers

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/bcbT0w9j_b.i9y9aohhV.g--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/afp.com/Part-DEL-Del6285702-1-1-0.jpg (http://news.yahoo.com/india-hits-one-billion-mobile-phone-subscribers-081703610--finance.html)India notched up its billionth mobile phone subscriber in October, the country's telecoms regulator said, underscoring the importance of its fast-growing mobile market, the world's second-largest after China. Mobile phone subscriptions have boomed in India in recent years as aggressive cost-cutting by telecoms providers has driven down prices, leading to some of the cheapest tariffs in the world. The number of mobile subscribers rose by nearly 7 million in October from the previous month to surpass one billion, the Telecom Regulatory Authority of India said Wednesday, hitting a milestone that China reached in 2012.



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