Telecom contributes 1% to GDP

Posted on | March 28, 2006 |

With 141 million gross subscriber base the telecom service industry is growing at the rate of 30% annually and its contribution to the country’s Gross Domestic Product (GDP) is 1% according to chairman of Telecom Dispute Settlement and Appellate Tribunal (TDSAT) Justice (Retd) N Santosh Hegde.

The telecom service industry with a turnover of Rs 90,000 crore during last one year expected its contribution to GDP to rise by another 1% over the next three years.

He said there were only 21 lakh telecom subscribers in Bihar (17 lakh BSNL and 4 lakh subscribers of other service providers). Similarly, the cable TV industry is also at a nascent stage with only five lakh cable TV homes, he said, adding India had around 60 to 66 million cable TV homes.

Source: ET

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