ABI Research (http://www.abiresearch.com) forecasts over five billion mobile subscriptions by the end of 2010, with an approximate 4.8 billion connections having been reached by the end of the year’s first quarter. Much of this growth will be registered in developing markets in Africa and the Asia-Pacific region.
Africa remains the fastest growing mobile market with a year-over-year growth of over 22%. Mobile penetration in Asia-Pacific will rise significantly to 65% by the end of 2010.
"This unprecedented growth is driven by India and Indonesia, which have together added over 150 million subscriptions in the past four quarters," says ABI Research analyst Bhavya Khanna. "Falling monthly tariffs and ultra-low-cost mobile handsets have democratised the reach and use of the mobile phone, and aggressive rollouts by mobile operators in these countries will see the current rate of subscriber...| Read more »