2008: Watershed year for telecom sector in India

Posted on December 27, 2008  /  0 Comments

For a country that stood at the bottom of the pyramid in terms of telecom penetration a decade ago, 2008 was a watershed when India’s subscriber base topped 350 million users to make its network the second largest in the world after China, displacing the US.

The significant achievement was made possible by the mobile telephony segment of communications, which was once thought to be a gizmo for the rich – what with a tariff of Rs.16.80 per call when the telecom revolution began in the country in the early 1990s. But with tariff falling to 40 paise a call and incoming calls becoming free, mobile telephony began to appeal to the masses.

In fact, 2008 also saw Indian telecom operators add a whopping 8-10 million new subscribers to the network each month, making a host of global companies to look at the country as their next big market for growth, especially in the hinterland.

And the statistics speak for themselves.

As per the watchdog for the sector, the Telecom Regulatory Authority of India (TRAI), the total number of telephone connections in the country reached 363.95 million at the end of October 2008 against 256.55 million in the corresponding month last year.

Read the full article in sify.com here.

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