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(This story appears in the 18 October, 2013 issue of Forbes India. To visit our Archives, click here.)
This intuitively makes sense and others (ITU, World Bank) have published similar studies in the past decade. But a contrarian view comes from the finding (in India) that if you look at the data quarter by quarter over the past 20 years, telecom penetration growth LAGS economic growth by about 3-6 months. In other words, it raises a question of whether the economy pulls telecoms, or the other way around. I\'m still thinking this one through...
on Oct 6, 2013Mr Chowdhury: That\'s a valuable insight. I hope folks at Vodafone Institute see your comment and pay heed to this aspect of telecom growth in India.
on Oct 7, 2013I agree with this ..
on Oct 5, 2013