Southeast Asia

US$32 Billion in Billings in 2009

Singapore, August 19, 2009 -- Southeast Asia's (SEA) mobile users are expected to hit 453.3 million subscribers by the close of this year, growing 18.4 percent over 2008. Billings are estimated to grow by 13.6 percent year-on-year to top US$32 billion by year-end.

New analysis from Frost & Sullivan, 2009 Southeast Asia Wireless Outlook, finds that the mobile subscriber base in the region - covering seven Southeast Asian nations - grew 36 percent year-on-year to reach 383 million users in 2008, for a corresponding mobile penetration of 72.5 percent. By the close of year 2014, Frost & Sullivan estimates SEA's mobile subscribers to reach 606 million, growing at a CAGR (compound annual growth rate) of eight percent (2009-2014).

SEA's mobile services grossed an estimated US$28.3 billion in revenues in 2008, and are forecasted to reach billings of US$36.2 billion by end-2014, at a CAGR of 4.2 percent (2009-2014).