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Monday December 29, 08:10 PM
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India adds 10.35 mln mobile users in Nov - regulator
NEW DELHI (Reuters) - Indian mobile telephone firms signed up 10.35 million users in November, slightly fewer than the previous month's record but maintaining pacy growth in a slowing economy.
India's total wireless subscriber base at the end of November stood at 336.08 million, according to data released by the Telecom Regulatory Authority of India (TRAI) on Monday, a rise of 49 percent from an year earlier.
The user base grew nearly 44 percent in the 11 months to November, or 102.45 million new additions, the data showed. Firms added an all-time high 10.42 million customers in October.
Calls rates as low as 1 cent a minute and cheap handsets are driving demand in India, the world's fastest-growing wireless market. Operators are now expanding infrastructure to cover untapped smaller towns and villages to hook new users.
The country is the second-largest wireless market in the world, trailing only China with more than 600 million mobile users.
Top mobile operator Bharti Airtel (BHARTIARTL.BO : 319.9 +0.55
), which bagged 2.72 million new users in November, taking its total subscriber base to 82.9 million, led the additions.
No. 2 Reliance Communications (RCOM.NS : 178.15 +-0.05) increased added 1.77 million users to have a total of 59.6 million, while third-ranked Vodafone-controlled Vodafone Essar gained 2.06 million subscribers to 58.8 million.
Other mobile operators include Idea Cellular, Tata Teleservices, Aircel and state-run firms Bharat Sanchar Nigam Ltd and Mahanagar Telephone Ltd.
