India's telecom market braces for ongoing growth

If you looking at a region for new telecom service opportunities, look no further than India. A Telecom Engine article illustrates that India's telecom equipment industry grew 20 percent to hit the $24 billion market in 2008. A yearly survey by Voice&Data, a publication that tracks Indian telecom industry trends, reported that India's telecom subscriber base grew by 10 million each month last year, reaching 384.7 million by last December. More recently, the country achieved 41 percent teledensity by July 2009 with 479 million total subscribers. India said it added 15.87 million new customers in March alone. By 2013, Gartner believes that India's telecom service subscribers will reach 770 million.   

For more:
- Telecom Engine has this article

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