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The good news for the Indian telecom sector is the rise of erstwhile smaller players like Idea Cellular, Spice, which have created new epicentres of telecom growth
With
average monthly additions in excess of six million, the telecom sector is definitely going through its golden period in India. Be it Bharti-Airtel, Reliance Communications, Vodafone, Idea Cellular, the state-owned BSNL, or even MTNL; all of these companies are giving each other a tough fight in terms of subscriber addition; though Bharti-Airtel has been able to maintain a lead over its competitors. With a customer base of a whopping 39 million (an increase of 89%) as on March 31, 2007, Bharti-Airtel commands a dominant 22.9% share of the highly competitive Indian telecom sector (as compared to 20.4% market share in 2006). Backed by strong growth exhibited by the companies, the telecom sector is witnessing an impressive 82.2% growth in the mobile phone subscriber base (according to RNCOS Report). However, the good news for the Indian telecom companies does not end here. It is projected through a study conducted by the Centre for Telecom Research, London, that India would have as many as 600 million subscribers by 2011. And to top it all, the combined revenue of all the mobile operators in India would be $33.1 billion by 2010, from $12.8 billion in 2006.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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