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Articles tagged with: GSM and Infosys
Indian telecom equipment beats downturn; grows 20% to nearly $25 billion
The Indian telecom equipment industry reported a 20% growth in revenues to comfortably cross the US$24 billion mark during FY 2008-09 compared to a 24% growth recorded in the previous financial year (2007-08). Indian trade magazine, Voice&Data said that the result was not surprising because despite overall economic slowdown, India has been witnessing over 10 million month-on-month new mobile subscriber additions, and telecom operators have been buying equipment to expand their networks. more
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