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Why Global Telecom Firms Want to Dial India
"Telecommunication service providers in India currently add more than
nine million subscribers a month with the potential of taking the
total tally of subscribers up to 700 million in the next five years,"
says Bundeep Singh Rangar, chairman of IndusView, a Delhi-based
research and advisory firm focusing on multinationals seeking to
enter
India. "In terms of expected revenues, that translates to more than
$37 billion by 2012 growing at a CAGR (compounded annual growth rate)
of 18%. Such growth potential offers enough incentive to overseas
service providers to vie for their share of the pie. And investor-
friendly regulations by the government, allowing up to 74% holding in
a domestic entity by a foreign player, is the icing on the cake."
http://infoclickindia.com/fnews.php?id=338&path_news=Global%20Telecos.jpg
"Telecommunication service providers in India currently add more than
nine million subscribers a month with the potential of taking the
total tally of subscribers up to 700 million in the next five years,"
says Bundeep Singh Rangar, chairman of IndusView, a Delhi-based
research and advisory firm focusing on multinationals seeking to
enter
India. "In terms of expected revenues, that translates to more than
$37 billion by 2012 growing at a CAGR (compounded annual growth rate)
of 18%. Such growth potential offers enough incentive to overseas
service providers to vie for their share of the pie. And investor-
friendly regulations by the government, allowing up to 74% holding in
a domestic entity by a foreign player, is the icing on the cake."
http://infoclickindia.com/fnews.php?id=338&path_news=Global%20Telecos.jpg