Telecommunications - Advantage CMI
India boasts of the world’s second-largest telecommunications market, with around 1.20 billion subscribers as of December 2018. The telecom market can be split into three segments – wireless, wireline and internet services. The wireless market segment comprises 98.20 per cent of the total subscriber base, as of February 2019. Wireless subscriptions witnessed a CAGR of 19.61 per cent to reach 1,183.41 million at the end of FY18.
To propel the sector on a growth path, the Government of India has launched the National Digital Communications Policy, 2018, which envisages attracting investments worth US$ 100 billion in the telecommunications sector by 2022.