India’s telecom sector has seen an increase of 17% investment in 2010-11 over the previous fiscal year, the Telecom Regulatory Authority of India said in its annual report. Capital employed in the sector increased from $53.5 billion in 2009-10 to nearly $63 billion in 2010-11.
The revenues of telecom service providers also increased by 8.7% to $32 billion in 2010-11 from $29.5 billion the previous year, thanks to growth in subscriber bases, the report said.
The user base increased 30.4%, to 842.2 million in 2010-11 from 621.3 million the previous year. Overall teledensity rose from 52.7 at the end of March 2010 to 70.9 at the end of March 2011.
Public telecom companies accounted for 20.4% of the sector’s revenue in 2010-11 was 20.4%, compared with 79.6% for private operators.
