Mobile Subscribers Reach 1.8 Billion

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The total number of mobile phone subscribers has cruised north of 1.8 billion according to research released today by Informa Telecoms & Media. According to the report, the number will swell to 2.14 billion by the end of 2005. Previous estimates from Q1 also pointed to passing the 2 billion mark this year.

Developing nations such as China and India are adding the most new subscribers. Many European countries are nearing 100% penetration. Global mobile phone penetration currently sits at 28%, leaving a large market still available.

via: MobileTracker.com