We welcome the government’s decision to raise the FDI cap to 74 per cent in telecom. With increased foreign capital now being allowed, this would provide the Indian telecom industry the much-needed impetus to deliver on its ambitious target of reaching 200-250 million phone connections over the next three years. From an end-customer point of view as well, it would drive faster accessibility to what the world has to offer by way of the latest in telecom technology.
