Yes, this is no joke. The researchers have estimated that in next four years, Pakistan will have 132 million mobile phones. This is amazing. Very soon every one of 160 million souls, including newly born babies, will have at least one mobile phone in his hands.
And mind you, this is a very pessimistic situation because subscribers’ growth is slowing down in Pakistan’s wireless market. Imagine, if the growth was on track, every one, including infants would have more than one phone. Let’s say 1.5 mobile phone per capita. This is how statisticians express numbers. Presently, Pakistan has 98 million mobile subscribers and the grim economic situation will be able to add only 34 million in next four years. This is in spite of the fact that GDP growth has nosed down and inflation rules everywhere.
For more information, consult Research and Market.