What is so different about telecom Vs other sectors like Banking, auto, manufacturing etc. All these are B2C but still where one hand there is talks about slowdown in other sectors, telecom is accelerating its pace.
Telecom from past 50 years have been yet anohter sector which depended on govt for investment. For single wireline connection, there use to years of waiting. Even in other global markets, telecom although was seen as advanced sector in terms of technology but not much was seen on commercial front.
And then came mobile boom!!!
With outcome of mobile and people connectivity, what countries also realised that telecom is very crucial for growth of economy. Telecom can bring about revolution ideas of optmising costs,it can drive and increase growth and demand and more important reduce the biggest factor- Distance between the people.
India is surely reaping the benefits of policiies of govt of opening up telecom sector to private players. With telecom came new ideas right from corporate and urban customers to remote farmer. Now even a farmer can negociate for best price for his product.
I am really keeen to watch further advancement and its links to economic growth once 3G come in.
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