INDUSTRY OUTLOOK:
- India is world’s second largest telecommunications market.
- India’s telephone subscriber base expanded at a CAGR of 19.16 per cent, reaching 1188.5 million. (FY17)
- Total number of telephone subscribers rose by 11.13 percent YoY to 1,151.78 million.(December 2016)
- Indian telecom service market is expected to grow by 10.3 percent YoY to $104 billion by 2020.
- Broadband services user-base in India is expected to grow to 250 million connections by 2017.
- Telecom Industry has attracted over $23.95 billion FDI during the period April 2000 to March 2017.
External Knowledge Source :
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