TELECOMMUNICATION SECTOR IN INDIA:
POLICIES & REGULATIONS
Telecommunication Industry in India:
The Indian telecommunication sector has seen something of a swansong in the past decade. It has been one of the fastest growing sectors in India and has grown to become the second biggest telecommunication industry in the world, second only to China. It now has a subscriber base of almost 937.7 million as of September 2012 and is expected to service over 1 billion people by 2014. The present cellular mobile industry alone is estimated to be at Rs. 1, 48,792 crore without including the wire-line connections which number around 35 million. The Indian telecommunications growth story is based on a strong base of an excellent telecommunication infrastructure. The telecommunication infrastructure in India boasts of around 7.5 lakh telecommunication towers which cover the entire span of India. Also, underwater cables which provide broadband connection throughout the world are extensive with Indian companies like Bharti Infratel leading in that space. The telecom sector on the whole contributes around 3% to the total GDP growth of India making it a very important sector for the country as a whole. The ‘wireless and wire-line’ revenue amounted to USD 40.7 billion with growth of 13.2% in FY12. The sale of telecom equipment segment which includes a wide array of equipment like public switching equipment, transmission equipment, communication satellites and customer premises equipment like mobile phones, answering machines, fax machines and routers stood at USD 23.5 billion in FY12 hich also mainly due to the spurt in mobiles phones in India as well as the world. Domestic players like karbonn and micromax have also cropped up over the years in the handset manufacturing industry in addition to the multinational one. The tower infrastructure industry has contributed over Rs. 100000 Cr in the last 15 years and this has resulted in a tele-density of over 80% as of 2012. But the...
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