India's Mobile Subscriber Base Crosses 500 Million Mark

India's mobile subscriber base crossed the 500 million mark in November, according to data released Wednesday by the Telecom Regulatory Authority of India (TRAI).

The country had crossed the 500 million mark in both fixed and wireless telephone subscribers at the end of September.

The total number of mobile subscribers was 506 million at the end of November, up from 488 million in October. About 43 out of every 100 Indians now have mobile connections, according to TRAI.

The country added 17.7 million mobile subscribers in November, following deep tariff cuts by established players and new rollouts by existing and new operators.