Telecom industry in India has undergone a major revolution in the recent years and no doubt we all know that looking at the latest technologies that are being introduced to customers every day. India is ranked second worldwide in terms of having the largest telecommunication network only after China.
Tele-density in India has improved significantly over the recent years. The tele-density in India currently stands at 51%. All this has been possible owing to improving network infrastructure as a result of the ongoing investments. The launch of advanced telecom services like 3G and IPTV will also drive the growth in Indian telecom subscriber base over the forecast period. Furthermore, mobile handset market is also expected to register a robust growth in near future.
With a strong population of over 1.1 Billion, India has become one of the most dynamic and promising telecom markets of the world and has emerged as one of the fastest growing telecom markets in the world. During 2003-2007, the country witnessed the number of phones increasing more than triple and total tele-density rising from 5.1% to 18.2%.
Some major achievements of the Indian Telecom Industry:
- The total telecom subscription in India surged at a CAGR of over 38% from fiscal 2003 to fiscal 2007, making the country the third largest telecom market in the world.
- Mobile phones accounted for 80.2% of the total telephone subscriber base at the end of March 2007.
- The Internet subscriber base in the country, as on March 31, 2007, stood at 9.3 Million as compared to 6.9 Million on March 31, 2006 registering a growth of 34.8%.
- § By fiscal 2010, Indian will require around 330,000 telecom network towers. To meet this enormous need, the telecom operators are resorting to network infrastructure sharing.
More key stats and reports can be read about on the Indian Telecom Report.
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