As M&As are the order of the day, the buzzword in the industry today is integration, with all players realizing that integrating operations hold the best chance of survival and growth.Welcome to the world of mobile telephones, the technology that gives you the power to communicate anytime, anywhere, anything. The small device connects people in different parts of the world. The cellular phone has changed the way we live, work and play and it has become an integral part of growth, success and efficiency of any economy. The lowering of duties to imported handsets coupled with the dumping of Chinese instruments in the Indian market has made mobile telephones quite affordable. Besides, the service is cheaper, easier, and handy to communicate at odd hours. Given the higher standard of living and exposure to the western lifestyle, there is a steep increase in the demand for mobile phones especially in richer states. India is emerging from control economies to market driven, such an environment drives the need for communications significantly higher and is absolutely essential for the growth of economy.
In India, only a limited number of the billion people have telephone service. Wireless offers tremendous communication growth opportunities. The provision of world-class telecommunications infrastructure and information is the key to rapid economic and social development of the country. It is critical not only for the development of the Information Technology, but also has widespread ramifications on the entire economy. It is also anticipated that a major part of the GDP of the country would be contributed by this sector. |
