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FDI in Telecom Jumps Manifold to $1.5 Billion in April-May

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After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to US $ 1.5 billion in the first two-months of the 2014-15 fiscal.

In 2013-14, the sector has received total FDI of US $ 1.3 billion. FDI in the telecom sector, which includes radio paging, cellular mobile, basic telephone services, attracted only US $ 9 million during April-May period of the last fiscal, as per the Department of Industrial Policy and Promotion. Original post at ET Telecom

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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