Bangalore to be the hub for Mobile Magic in South India

Mumbai

August 20th, 2007

Mobile Magic, India's biggest and first Franchisee chain Mobile Showrooms by
Mobile Magic announced its expansion plans for South India. As a part of this
initiative it announced the opening of four stores in Bangalore. The company
also announced that it plans to set up 20 stores in Bangalore in the next six
months and target the booming Rs 10000 crore Mobile phone market in the South
region.

Mobile Magic in sync with its business strategy plans to set up 250 stores in
southern India by 2009. The company also plans to expand its presence in India
by introducing 1000 stores across the country by 2010.

Vivek Palod, Director of Mobile Magic, commenting on the expansion plan said,
"The mobile phone market in South India is fast growing especially with the
entrance of the new players concentrating in this sector. The latest expansion
is inline with the strategic focus we are taking to meet the growing business.
We are entering in the southern region laying our first step in Bangalore. To
drive this growth further we are trying to expand beyond Bangalore and cater
other southern markets." Speaking on the occasion he further added that
Mobile Magic is all geared up to expand its team significantly for the region as
they churn out new business opportunities