Telecom sector to provide 1 cr jobs: Study
The mobile telephony industry in India witnessed unprecedented growth of more than 700 per cent, from having less than 10 lakh subscribers in 1998 to over 75.2 crore subscribers in 2010, the study titled 'Indian Mobile Services Sector: Struggling to Maintain Sustainable Growth' said.
The industry has also played a vital role in India's growth story and the industry on Thursday contributes nearly 2 per cent to the GDP, the study said. The study, however, indicated that though the industry has taken significant strides in the past decade, the task of providing access to mobile services at affordable rates across the hinterlands remains incomplete.
The urban tele-density at 154 per cent is far ahead of the rural tele-density of 34 per cent. While this spells opportunity for the industry, significant investments will be required in order to increase reach in the rural areas. Similarly, India's internet and broadband penetration are only around 1.6 per cent and 0.9 per cent, respectively. This can be explained by inadequate wireline infrastructure. Hence, mobile broadband, which is an opportunity forproviders, will require increasing investments.
"The challenges that the Indian telecom sector faces on Thursday are unique and multi-faceted and will require innovative solutions coming from
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