Open Access
American Research Journal of Business and Management
ISSN (Online): 2379-1047
DOI: 10.46568/arjbm
Role of Telecommunication and Telecom Industry in Indian Economy
Abstract
The telecommunications industry is divided into following subsectors: Infrastructure, Equipment, Mobile Virtual Network
Operators (MNVO), White Space Spectrum, 5G, Telephone service providers and Broadband.
As per GSMA, India is on its way to becoming the second-largest smartphone market globally by 2025 with around 1
billion installed devices and is expected to have 920 million unique mobile subscribers by 2025 which will include 88
million 5G connections.
Over the last thirteen years, the Indian Telecom Tower industry has seen a significant growth. An average of 29,000 new
towers has been built per year.
It is also estimated that 5G technology will contribute approximately $450 billion to the Indian Economy in the period of
2023-2040.
