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The Telecom Sector: an Exciting Prospect for Businesses and Investors

The Telecom Sector: an Exciting Prospect for Businesses and Investors

The telecom industry is one of the fastest-growing industries in the world. With more and more people buying smartphones, the sector will only see growth in the coming years. FDI in telecom sector in India contributes significantly to the industry’s growth in our developing nation. It has further enhanced due to advancements in technology and a slew of investor-friendly reforms. Overview: The telecommunications industry in India is the second-largest globally, with a total subscriber base of 1.17 billion. The total…

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FDI Inflows Into India’s Telecom Sector Plummets To $2.66 Billion

FDI Inflows Into India’s Telecom Sector Plummets To $2.66 Billion

Foreign direct investments in the telecom sector of the country have taken a downward hit, plunging to 2.66 billion dollars in FY 2019 as compared to the much higher figure of over 6.21 billion dollars in the year 2018. The Government said that the reason for this sharp fall could not be attributed to either regulatory uncertainty or financial stress in the industry. “Stressed financial conditions cannot be held responsible for the year-on-year decline in FDI, and neither has there…

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