Mobile subscriptions in the Middle East grew at a rate of 69,230 new connections per day in the first quarter of 2012, according to Ericsson's second Traffic and Market Report. The report revealed that a total of 6.3 million new connections were added across the region from January to March 2012, taking the total number of subscriptions up to 266.3 million.
Mobile subscription penetration in the Middle East stood at 96%, compared to 69% in China and 97% in North America. Although the region has matured over the years, as reflected by the penetration ratio, the mobile telephony market still continues to grow at a phenomenal rate, outpacing markets such as North America and Western Europe, as per Ericsson.
The Mena Weekly Monitor – Bank Audi