40 Billion Dollars Invested in Indian Telecom Sector

June 22nd, 2010 by admin Leave a reply »

India- The Indian Telecom Sector in the current fiscal year is expected to invest a record 40 billion dollars into its telecom network.  India is set to expand to over one billion mobile phones in the next two years.  This kind of network expansion warranted the type of heavy investment that appears to be coming. .

Telecom Equipment and Services Export Promotion Council said Wednesday that  there were 20 billion dollars in investment last year. Council Secretary RK Pathak Kaamyunikcshiaya said “here in 2010 that India’s broadband wireless access in 3G development and expansion of existing networks is due to the investment increases that will be this year.

Pathak said that the next financial year will be lower because the investment in hardware and infrastructure development associated with the telecommunications industry, will be close to completion . Every year India has an estimated 2.0 million new customers to connect to its telecom network.


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