India’s telecom network takes a paradigm stride

By Ravi Singhania and Rudra Srivastava, Singhania & Partners

The Indian telecom network is the eighth largest in the world and the second largest among emerging economies. The sector has undergone a crucial metamorphosis with significant policy reforms.

Telecommunications is driving growth at a feverish pace. In 2007, India achieved the distinction of having the world’s lowest call rates, the fastest growth in the number of subscribers, the fastest sale of a million mobile phones, and the world’s most affordable handsets.

A recent study by telecom regulator Telecom Regulatory Authority of India (TRAI) has estimated that the country will need about 350,000 telecom towers by 2010, as against 125,000 in 2007.

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Ravi Singhania is the managing partner and Rudra Srivastava is an associate partner at Singhania & Partners

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