We've already covered India's mobile phone market in the past and they keep growing like crazy. That being said, they are about to reach somewhat important milestone to become the second largest mobile phone market in world, trailing only China. At the moment, China leads the world with 540.5 million subscribers and is followed by U.S. [...]

We know India is the fastest growing mobile phones market on the planet, but… This November mobile operators attracted an additional 8.3 million wireless users. In total, there are now 264.8 million mobile and fixed-line users in the country and that number is expected to hit the half-billion mark by 2010. Now imaging every 100th user buys a ringtone, wallpaper or some other mobile content. No wonder why so many companies want to enter the mobile content business… [Via: textually.org ] ---Related Articles at IntoMobile:India Looks To Triple Wireless Users By 2011 - Among Fastest Growing Wireless Telecom MarketsChinese mobile phone users sent 429 billion text messages last yearChina and India lead the globe in new wireless subscribersIndia now has more than 200 million mobile phone usersAT&T looking to expand oversease?

Don’t you just love the stories involving numbers from China and India? For one thing I love them — they show us just how much mobile industry is growing. Last year, Chinese mobile phone users send 429 billion text messages! Or to put it in a perspective, an average of 967 SMS were sent per user. And while that’s quite an impressive number, let’s not forget that it’s India whose mobile industry is growing at the fastest rate . During 2006, mobile operators in the “world’s largest democracy” doubled subscriptions reaching a total of 150 million users. In comparison, whole Britain has 70 million mobile phone users. Like it or not, the new superpowers are emerging… [Via: Reuters ] ---Related Articles at IntoMobile:U.S. spending on mobile content set for growth1 Million Chinese protest chemical plant with text messgeChina phone industry in numbers; 487 million mobile phone users in the countryNumbers: China has more than 600 million mobile phone usersUsers in the UK are biggest texters in Europe