Research and Markets: 2Q08 India Mobile Forecast 2008 - 2010 Report Is Available Now

Business Wire,  May 20, 2008  

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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92302) has announced the addition of new IE Research report "2Q08 India Mobile Forecast, 2008 - 2010: India Will Continue To Be The Fastest Growing Mobile Market In The World" to their offering.

This Mobile Forecast on India provides over 65 operational and financial metrics for the India wireless market. We cover quarterly historical data starting in 4Q2003 and ending in 4Q2007. We also provide four-year forecasts at the operator level going out to 2010. Operators covered for India include: RCom, Hutchison, Bharti-Airtel, BSNL, and Others. Our Mobile Forecasts are updated quarterly and are available for one-time delivery or through regular updates.

Notable highlights of the 2Q08 India Mobile Forecast include:

- During the forecast period from 2008 to 2010, we expect the subscriber base in India to increase by 60.2% from 329 million to 527 million. This will make India the fastest growing wireless market in the world.

- India also replaced the United States as the second largest wireless market in the world after China in 2008.

- The four major operators in the country will continue to have similar market shares over the next several years. Bharti-Airtel, Reliance, Hutchison, and BSNL will continue to serve approximately 24%, 19%, 17% and 13% respectively of total subscribers in 2010.

- We are revising slightly downward our EBITDA margin predictions for India going forward. Average margins in the industry are now forecasted to be 39.1% in 2010 (down from 40.8% in our previous quarterly forecast). Given Bharti-Airtel's subscriber base and branding and positioning strategies, we think that Bharti will continue to enjoy the highest reported EBITDA in India at 41.2% in 2010.

Companies Covered in this Country Mobile Forecast

RCom

Hutchison

Bharti-Airtel

BSNL

Others

Charts 1-68 Results & Forecasts for: CY04-CY10

-- Available only for Bharti-Airtel (CY04 - CY07)

-- Available only for RCom and Bharti-Airtel

-- Available only for RCom, Hutchison, and Bharti-Airtel

For more information visit http://www.researchandmarkets.com/reports/c92302

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