June 2008 Update For Mobile Industry: 88 Million SIMs, Rate Of Growth Slows
The 2008 mid-year numbers for mobile subscribers are available here. The data shows a few trends about the growth of mobile subscribers (see chart below):
The rate of growth has slowed. 1.3 million sims were added in June, compared with the average of around 2 milliom per month from Jan - May of ‘08.
Warid fought back by adding the largest number of subscribers in June. Telenor and Zong seem to be losing some steam after a few months of high subscriber intake. Mobilink continues at sluggish pace. Ufone and Telenor numbers remain extremely close to each other.
One thought is that the dip is seasonal and growth will resume after some time (the June numbers in 2007 also took a hit). The dip in FDI may also be a factor. More likely it could be that the rising food and oil prices are taking their toll.
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