Telecom Future In India And China

India and China are top of the class when it comes to global telecom growth rates, with a total of 200 million subscribers between them in the first quarter of 2007, according to a UN report.”Some 61% of the world’s mobile subscribers are in developing countries, fueled by countries like Brazil, China, India and Russia,” said the report, from the International Telecommunications Union.China has 87 million subscribers, India has a penetration rate of nearly 15% with 110 million subscribers. India, the world’s fastest-growing telecoms market, adds about 7 million subscribers every month. Intense competition has lead to discounted rates which in turn fuel demand.
http://www.forbes.com/markets/2007/09/06/india-china-telecom-markets-equity-cx_rd_0906markets18.html

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