» Telecom equipment market grosses Rs 75,000 cr. Report Jobs : Career, Employment, Hiring, Classified, Opportunities, Listings, Interview
Telecom equipment market grosses Rs 75,000 cr. Report
NEW DELHI: India’s telecom equipment sector has posted revenue of Rs 77,170 crore in 2006-07, at a growth rate of 43.5%, according to a report. The main drivers of this growth include massive expansion initiatives announced by service providers and increase in consumer demand on the back of crashing tariffs and handset prices, according to a report by communications magazine Voice and Data. Nokia retained the top position among telecom equipment companies in 2006-07 while Ericsson jumped to second position from fifth position in 2005-06. The handset segment, including mobile and fixed line, reported the highest growth at 45 %followed by carrier equipment and enterprise equipment at 44% and 38% respectively.
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