Asian mobile telecom revenues to reach $260 bln by 2009
Asia may become the largest regional mobile telecommunications market in the world over the next 5-10 years, reports In-Stat. In 2004, there were nearly 740 mln mobile users in Asia (including Japan, Australia, and New Zealand) with total revenue of roughly $180 bln. By 2009, Asian mobile telecom revenues will reach over $260 bln. India will be the fastest growing entity in this region, with a 32.8% compound annual growth rate (CAGR) in terms of subscribers, and 31.1% by revenue, for the period from 2004 to 2009.