Telecom sector - foundation upon which an information society id built on!
India is the world's second-largest telecommunications market. The telecom market can be split into three segments – wireless, wireline and internet services. The wireless market segment accounted for 98.28 per cent of the total subscriber base as of March 2020. Rural subscribers comprised 44.27 per cent of the total telephone subscribers as of March 2020. Gross revenue of the telecom sector stood at Rs 185,291 crore (US$ 26.51 billion) in FY20 (April-December 2019). Strong policy support from the Government has been crucial to the sector’s development. Foreign Direct Investment (FDI) cap in the telecom sector has been increased to 100 per cent from 74 per cent. FDI inflow in the telecom sector totalled US$ 37.27 billion during April 2000-March 2020 . Jio has schemed plans of mobile prepaid recharge that bundles up data + calls+ SMS and premium packages which includes subscription charges for Disney owned Hotstar. This bundling makes for a lucrative offer for the consume...