Growth in Telecom slows by 2.5 pc
PRESS TRUST OF INDIA
Bangalore, July 13: The telecom services industry posted a meagre growth rate of 2.5 per cent in revenues at Rs 1,59,510 crore in 2009-10 due to intense domestic tariff war, says a survey by telecom industry journal Voice & Data.
The industry had seen a robust growth of 20 per cent in revenues at Rs 1,55,683 crore in 2008-09.
The survey said these telecom services revenue include revenue from cellular, fixed line, National Long Distance, International Long Distance, broadband, VSAT and Radio Trunking businesses.
Intense tariff war caused the steep fall and overall slowdown in performance across segments, including cellular services that have been leading the telecom services sector growth in the past several years, Voice & Data said in a statement.
Despite a near 50 per cent subscriber growth, the mobile services segment grew a meagre 3.6 per cent to Rs 96,860 crore from Rs 93,522 crore.
Lastupdate on : Tue, 13 Jul 2010 21:30:00 Makkah time
Lastupdate on : Tue, 13 Jul 2010 18:30:00 GMT
Lastupdate on : Wed, 14 Jul 2010 00:00:00 IST
- MORE FROM BUSINESS
‘THEY LAID FOUNDATION OF FREEDOM STRUGGLE’
GK NEWS NETWORK
Srinagar, July 13: Cutting across political ideologies, various organizations have paid tributes to the martyrs of July 13, 1931, on their martyrdom anniversary, reiterating the pledge to take their mission More
- Srinagar City
ARIF SHAFI WANI
Srinagar, July 13: It required countless sacrifices for making a memorial on the spot where 21 valiant Kashmiris fell to bullets of tyrrant Dogra soldiers at Haathi Khan locality outside the Central Jail More
‘Delhi Chalo’ on August 3
GK NEWS NETWORK
Jammu, July 13: Migrants from the Jammu region are holding ‘Delhi Chalo’ march on August 3 to protest against the alleged discrimination by the state government. Under the banner of Jammu Migrants More
- South Asia
SALUHUDDIN REJECTS INDO-PAK DIALOGUE
ROSHAN MUGHAL/ NISAR A THOKAR
Muzafarrabad/ Islamabad ,July 13: The Hizbul Mujahideen on Tuesday hosted a number of speakers invited to commemorate Martyrs Day at a conference held here. The venue of the event was University Grounds More
Faces losses worth crores of rupees
Srinagar, July 13: Where the weather vagaries this year consumed much of the marriage season in the Valley, the turbulent situations prevailing over past about a month now, took away the remaining sheen More
Jeddah, July 13: Saudi Arabia has won the first position among Arab countries and 10th among G20 countries in the Financial Action Task Force (FATF) report on its compliance with international resolutions More