News India's telecom market back on growth path

Technoglitch

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The Indian telecommunications industry appears set for growth in 2013 as figures over the weekend indicate it has shaken off the effects of its first subscriber decline last September.
The overall number of subscribers to 657.56 million in January 2013, according to statistics from industry group Cellular Operators Association of India (COAI). This is an addition of 400,000 new GSM subscriptions from the previous month, or almost nine million more subscribers than the same time the previous year.

The small growth marks a gradual recovery from the industry low point in November, when the figures bottomed out at 657 million. It remains a big gap from the record 679.05 million subscribers registered in June 2012. The bounce back was also reflected in figures from the Telecom Regulatory Authority of India (TRAI), which also counts CDMA and fixed line services in its statistics.

India's telecom market back on growth path | ZDNet
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India's telecommunications system is the 2nd biggest in the world based on the total number of telephone customers. The Indian telecommunications industry is predicted to achieve a size of Rs 344,921 crore by 2012 at a rate of growth of over 26 %, and generate job opportunities for about ten million people during the same period, according to a market research report.
 
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