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Telecom Industry in India:
The telecom industry is one of the fastest growing industries inIndia. India has nearly 200 million telephone lines making it thethird largest network in the world after China and USA. With agrowth rate of 45%, Indian telecom industry has the highestgrowth rate in the world.Much of the growth in Asia Pacific Wireless TelecommunicationMarket is spurred by the growth in demand in countries like Indiaand China. India‘s mobile phone subscriber base is growing at arate of 82.2%.China is the biggest market in Asia Pacific with a subscriber baseof 48% of the total subscribers in Asia Pacific. Compared to thatIndia’s share in Asia Pacific Mobile Phone market is 6.4%.Considering the fact that India and China has almost comparable populations, India’s low mobile penetration offers huge scope for growth.
History of Indian Telecommunications:
Started in 1851 when the first operational land lines were laid bythe government near Calcutta (seat of British power). Telephoneservices were introduced in India in 1881. In 1883 telephoneservices were merged with the postal system. Indian RadioTelegraph Company (IRT) was formed in 1923.After independence in 1947, all the foreign telecommunicationcompanies were nationalized to form the Posts, Telephone andTelegraph (PTT), a monopoly run by the government's Ministryof Communications. Telecom sector was considered as a strategicservice and the government considered it best to bring under state's