This document provides an overview of the telecom industry in India in December 2008. It discusses key facts about the industry, including total subscribers, growth rates, revenue figures, and market shares of major players. The mobile segment has seen tremendous growth and now accounts for most telecom subscribers in India, with GSM services preferred over CDMA. While penetration is still low compared to other countries, the subscriber base is expected to reach 500 million by 2010. Private players have come to dominate various segments.