Booming: India's mobile phone subscriber base peaked to more than 1 billion users for the first time, data released by the telecom regulator showed.
NEW DELHI: 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 its 12 hyper-competitive operators has driven down prices, leading to some of the cheapest tariffs in the world.
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