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manufacturing in the field of electronics

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ravitejafe
manufacturing in the field of electronics

According to a report by leading research firm Market Research Store, the Indian telecommunication services market will likely grow by 10.3 per cent year-on-year to reach US$ 103.9 billion by 2020.
Spectrum held by telecom operators cannot be transferred to new buyers under insolvency proceedings if government dues are not cleared, the National Company Law Appellate Tribunal (NCLAT) ruled on Tuesday, dealing a blow to lenders to bankrupt telcos Reliance Communications Ltd (RCom), Aircel Group and Videocon Telecommunications Ltd.
The telecom market can be split into three segments - wireline, wireless and internet services. The wireline (fixed) segment consists of companies that provide direct communication through landlines/ whereas the wireless segment comprises of establishments that provide communication through airwaves. Internet services include Internet Service Providers (ISPs) that offer broadband internet connections through consumer and corporate channels.
The wireless market comprises 98.1% of the total subscriber base. Tariff reduction and decline in handset costs has helped this segment to scale. It has also gained dominance by making itself available in rural areas where the tele-density is far lower.
India is currently the world's second-largest telecommunications market, having a subscriber base of around 1.2 billion. Owing to rapid expansion taking place in the Indian mobile economy, it is expected to contribute substantially to India's GDP.
The subscriber base is also widening on account of increasing mobile network coverage and competition-induced tariff reductions. These factors coupled with growing broadband internet access and smartphone proliferation have positively impacted demand. With exponential growth in video consumption, enterprises are also taking a mobile-first approach.
A surge in the subscriber base has also necessitated network expansion covering a wider area, thereby creating a need for significant investment in telecom infrastructure. Telecom companies have now started segregating their tower assets into separate companies which has provided them an additional revenue stream.
The Government of India's National Digital Communications Policy 2018 has envisaged attracting investments worth US$ 100 billion in the telecommunications sector by 2022. The policy also envisages to provide universal broadband coverage at 50 megabit per second (Mbps) to every citizen in addition to providing 10 gigabit per second (Gbps) connectivity to all Village Panchayats of India by 2022.

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