New Delhi: India is now reaches to 500 million mobile numbers, reports say. Not only this, Indian market is the second largest after China.

Reports say that India had crossed 488.40 million wireless connections at the end of October 2009 and will be breaching the half-billion wireless connections mark just about now.

Yet, the actual number of subscribers might be less than half a billion, since a few hold multiple SIM cards and not all of them are in use at the same time.

According to the reports, overall, telephone connections in India will be closing in on 550 million by the time you read this.

A teledensity (phone connections per 100 population) would be now of roughly 45%, an urban teledensity closer to 97% and a rural teledensity of about 18%.