India mobile phone subscriptions set to explode

India looks to trump China to become the country with the highest number of new mobile subscribers each year from 2010 to 2015 as its citizens embrace 3G and mobile services, according to Pyramid Research.

The research firm's latest study, released Thursday, showed that mobile operators in India will add "an astounding 125 million net additions on average per year" from 2010 to 2015--a number that is expected to be higher than any other country in the world. This rate of increase will bring the total number of mobile subscribers to 1.2 billion in 2015, it stated.

"Booming economic performance, a growing population, an expanding middle class, and a relatively low service penetration give India tremendous growth prospects," said Luis Portela, analyst at large at Pyramid Research, in the report.

For more on this story, read India to have highest new mobile subscriber uptake on ZDNet Asia.