With Hutch, India to become Vodafone’s 3rd largest mkt

With only the formalities to be completed for Vodafone to acquire a controlling stake in Hutch-Essar (HEL), India will soon become its third largest market with 24.4 million subscribers after Germany and the United States.However, given the rate at which HEL’s subscriber base is growing it won’t be long before the Indian operations overtake these two countries to emerge as Vodafone’s top market. HEL is adding over a million new users to its base every month. Vodafone will now have a 22.1% marketshare of the 110 million-plus GSM space in India....
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