India Telecom Systems Fastest Growing In World
The Indian Telecommunications industry will benefit from favorable government policies and rulings.
According to Research and Markets, Indian telecom systems rank sixth among the world’s telecom sectors, with $93.2 million USD in telephone subscriptions by 2004.
Telephones per 100 inhabitants measures at 8.5, compared to a US figure of 117 and a China figure of 51, leaving a lot of room for growth in the India market.
Demand for additional services should be seen in India as well, according to the report, as consumers will want more than basic POTS. Services like cellular, paging, Internet, and others will figure in demand.
The report is available for purchase online.
David Utter is a staff writer for WebProNews covering technology and business. Email him here.