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Telecom Sector Needs $79 Bn Investments

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Anusha SubramanianHemangi Balse BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:12 AM IST

India will have to infuse massive funds to the tune of $26 billion between 2001 and 2006 and another $53 billion till 2012 in order to achieve seven per cent penetration in telecom services by 2005 and 15 per cent by 2010.

In its study paper, KPMG, leading international consultants, claimed that the investments were required for infrastructure, equipment and services so as to achieve the NTP-99 target of 15 per cent telecom service penetration by 2010 from the current level of 4.3 per cent.

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First Published: Oct 23 2002 | 12:00 AM IST

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