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Data from the Department of Telecommunications (DoT), showed the telecom sector has received more than $1 billion in FDI every year since 2007-08, with spurts in 2008-09, 2009-10 and 2016-17, 2017-18. In the two fiscal years of 2016-17 and 2017-18 combined, a total FDI of $11.7 billion came to India.
India's telecom sector anticipates a surge in foreign direct investment (FDI) over the next two years following recent policy changes. The opening of satellite communications and the introduction of the Telecommunications Act are expected to attract investment and enhance sectoral appeal. Despite a recent FDI decline due to domestic funding availability and sporadic investments, experts foresee increased FDI inflows with these regulatory reforms, signaling potential growth opportunities for the industry.
We are hosting a discussion on the draft online gaming rules, in Delhi, tomorrow. Register now to attend, limited seating available!
About 140-150 million 2G subscribers of Vodafone Idea (Vi) would be the most affected if the struggling telco succumbs to its financial woes, said industry executives and analysts.
Synopsis India’s largest telco Jio, in its just released annual report for FY20-21, called MSMEs the bedrock of Indian economy which lack access to integrated digital services and the know-how to adopt. Agencies India’s top telcos Reliance Jio, Bharti Airtel, Vodafone Idea (Vi) along with the likes of Tata Teleservices are focussing on the medium and small-scale enterprises (MSME) as these businesses get digitised and become better revenue options than the larger established corporates with fixed network service providers. India’s largest telco Jio, in its just released annual report ...