Telecommunication sector in India liberalized to bridge thegap through government spending & to provide additionalresources for the nation’s telecom target. Private sector allowed participating
The telecom industry gets an annual foreign investment Rs20.6 million
License for providing cellular mobile services granted by thegovernment of India for the Metropolitan cites of Delhi,Mumbai, Kolkata & Chennai. Cellular mobile service to beduopoly (i.e. not more than two cellular mobile operatorscould be licensed in each telecom circle), under a fixedlicense fee regime for 10 years.
19 more telecom circles get mobile licenses
Kolkata became the first metro to have a cellular network
Telecom Regulatory Authority of India is set up
Annual foreign investment in telecom stands at Rs 17,756.4million.
FDI inflow into telecom sector falls by almost 90% to Rs.2126.7 million
Tariff rebalancing exercise gets initiated
CMS-IILM GROUP NO: 7 ROLL NO’S-