Indian Telecom Industry Trends & Drivers
India is the world's second-largest telecommunications market, with close to 933 million subscribers as of May 2014. Currently with a new government, upcoming 700MHz and 800 MHz auctions and stiff competition, the telecom market is buzzing with activity. While the telecom services revenue grew from INR 212,234 crore in FY 2012-13 to 233,793 in FY 2013-14, the telecom equipment/devices revenue grew from INR 174,955 crore to INR 1955,294 crore during the same period. The wireless segment accounts for close to...
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