The other day we told you China now has more than 1 billion mobile users. India isn’t that far behind with their telecoms regulator TRAI announcing that there were 903.73 million mobile users at the end of January, a 1.11% increase from 893.84 million in December 2011.
Wireless subscription in Urban Areas increased from 586.26 million in December 2011 to 591.10 million at the end of January 2012. At the same time, Rural Areas grew from 307.59 million to 312.62 million users.
As I’m writing this we still wait for the market consolidation in India. There are quite a few mobile operators in the country, competing for the hearts and minds of the local population, often deeply discounting services to get new customers. And while that’s good for the end users, at the end only few strong players will survive. In the process we expect to see bigger companies acquiring smaller rivals. Heck, we expected big acquisitions to take place last year, but nothing happened. Guess this year could be the one we’ve been waiting. We’ll see…