Released on: May 26, 2008, 4:05 am

Press Release Author: The Mobile Store

Industry: Telecommunications

Press Release Summary: Finance minister shri P. Chidambaram introduces the
mobilestore in Karaikudi, The MobileStore is a one stop shop for all mobile telecom
solutions.

Press Release Body: Karaikudi, 26th May, 2008: Finance Minister Shri P.Chidambaram
inaugurated The MobileStore in Karaikudi. The MobileStore is a one stop shop for all
mobile telecom solutions. All branded handsets, connections, accessories, repair
services are available under one roof in a world class retail ambience.

The growth in tele-density has helped the economic growth of the country in the last
few years. The Indian Mobile industry has also been a good enabler to the social and
economic growth of the country, in terms of employment generation, GDP growth, rural
development. This is opening up doors of employment opportunities to many in small
towns who need not look beyond their hometowns for work.

Speaking at the launch, Mr. Rajiv Agarwal, CEO and Director, The MobileStore Ltd,
said, \"We are delighted to have Honourable Finance Minister with us on this
special occasion. Our presence in Karaikudi indicates the growth trajectory of the
economy of our country. We are bringing the best products and service experience
at the disposal of the common people across the state of Tamilnadu. This would
enable them to meet with the growing needs of the modern day life."

"The MobileStore" has more than 650 stores in the country making it the largest
mobile telecom retailer and is geared to set up over 2500 stores in the next 2 years
across 650 cities, thus covering virtually every major town in every state across
India.

About The MobileStore

India\'s first national chain of multi-brand and multi-service telecom outlets under
the brand name "The MobileStore" has already crossed the 650 mark MAKING IT THE
COUNTRY'S LARGEST MOBILE RETAILER, and geared up to set up over 2500 stores in the
next 2 years across 650 cities, thus covering virtually every major town in every
state across India.







Karaikudi, 26th May, 2008: Finance Minister Shri P.Chidambaram inaugurated The
MobileStore in Karaikudi. The MobileStore is a one stop shop for all mobile telecom
solutions. All branded handsets, connections, accessories, repair services are
available under one roof in a world class retail ambience.

The growth in tele-density has helped the economic growth of the country in the last
few years. The Indian Mobile industry has also been a good enabler to the social and
economic growth of the country, in terms of employment generation, GDP growth, rural
development. This is opening up doors of employment opportunities to many in small
towns who need not look beyond their hometowns for work.

Speaking at the launch, Mr. Rajiv Agarwal, CEO and Director, The MobileStore Ltd, said,
\"We are delighted to have Honourable Finance Minister with us on this special
occasion. Our presence in Karaikudi indicates the growth trajectory of the economy
of our country. We are bringing the best products and service experience at the
disposal of the common people across the state of Tamilnadu. This would enable
them to meet with the growing needs of the modern day life."

"The MobileStore" has more
than 650 stores in the country making it the largest mobile telecom retailer and is
geared to set up over 2500 stores in the next 2 years across 650 cities, thus
covering virtually every major town in every state across India.

About The MobileStore

India\'s first national chain of multi-brand and multi-service telecom outlets under
the brand name "The MobileStore" has already crossed the 650 mark MAKING IT THE
COUNTRY'S LARGEST MOBILE RETAILER, and geared up to set up over 2500 stores in the
next 2 years across 650 cities, thus covering virtually every major town in every
state across India.




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