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South Asia Telecoms Boom Stretches Beyond India

August 2006 | Market Trend Analysis
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India remains the jewel in SingTel's crown of foreign investments. Gains from its associate, Bharti are paramount as the Indian mobile market continues to perform strongly in 2006. In May, the market's mobile subscriber base exceeded the 100mn mark, putting it on par with China and the U.S. This growth indicates that BMI's current year-end forecast of 130mn mobile subscribers will be met and possibly