Telecom Sector Reform in India

Abstract

Telecommunication services are globally recognised as one of the driving forces for overall economic development of a nation. They are also one of the prime support services needed for rapid growth and modernization of various sectors of the economy. Globalisation, privatisation and liberalisation accelerated all round reform in the telecom sector of India. India have adopted a gradual approach to telecom sector reform through selective privatization and managed competition in different segments of the telecom market. The results of reform in telecommunications have been much better and this is an important factor underlying India's success in information technology. Indian telecommunication sector is come out as one of the key sectors that have put the economy on a revival path. Information and Communication Technology (ICT) benefits will spread among all and will promote innovation, entrepreneurship and growth. India will emerge as a leading player in the virtual world by having 700 million internet users of the 4.7 billion global users by 2025.