India, China, Africa Lead Cellular Subscription Growth, Reports In-Stat 25/7/2008

Fueled by rapid growth in India, China, and Africa, worldwide cellular subscriptions continued to expand rapidly in 2007, reports In-Stat. Due to some areas approaching saturation and a relatively slow world economy, subscription growth in 2008 is expected to be much less, the high-tech market research firm says. Allen Nogee, analyst, In-Stat, said, “India and China subscription numbers are growing at a fast clip, as more of the population gets their first cell phone, and often their first phone of any kind. Most of these phones are low-end GSM ...