Middle East to hit the 200 million mobile subscribers milestone this summer

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 24, 2010 -- The Middle East region made up of 14 countries has sustained its mobile market growth in the quarter to March 2010 with a 4% sequential uptake to reach over 192 million subscribers according to recent data released by Dataxis Intelligence.

In fact, as features it well the figure below the number of mobile subscribers in the region grew more than a half in the last two years up from 120 million in the first quarter of 2008 which represents in absolute terms about 72 million new customers during the referred period. On average, the market grew 7.5% and saw 9 million new customers subscribing to mobile services each quarter.

All this dynamism has helped to propel the mobile penetration at 87% of the population up from 57% two years earlier which places the region at nearly the same level as North America.

Looking forward, Dataxis expects the Middle East to cross the 200 million mobile subscribers milestone this summer if the same growth tendency was sustained.

Graph: http://www.dataxisnews.com/?p=18462

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