Australians are paying less and less for mobile data as phone companies vie for market share. Prices more than halved and fell lower than those in India, the second-most populous country, after Vodafone Hutchison Australia Pty. started a Feb. 5 promotion that charges $3.3 for a gigabyte of data. Market leader Telstra Corp., which last week reported a drop in mobile subscriber growth, will probably respond, says Sanford C. Bernstein’s Chris Lane.
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