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Indian telecom industry witnessed 20% growth in Broadband revenues in 2009-10

The Indian telecom services industry witnessed a growth of 20 per cent in revenues earned through Broadband, the fifth largest segment of the telecom services space (after Fixed-line, Cellular, NLD and ILD), at Rs 9,000 crore recorded for the year ending March 31, 2010, as against Rs 7,500 crore recorded a year ago. Two key players BSNL and MTNL saw 57 per cent and 92 per cent growth in their broadband revenues respectively.

The Indian telecom services industry witnessed a growth of 20 per cent in revenues earned through Broadband, the fifth largest segment of the telecom services space (after Fixed-line, Cellular, NLD and ILD), at Rs 9,000 crore recorded for the year ending March 31, 2010, as against Rs 7,500 crore recorded a year ago. Two key players BSNL and MTNL saw 57 per cent and 92 per cent growth in their broadband revenues respectively.

According to a report by Voice&Data, the Indian government’s target of 20 million broadband connections by 2010 is likely to fall short with the year ending with just 8.75 million subscribers. Here also, the top 30 cities contributed nearly 60 per cent to all the broadband subscribers. The only saving grace appears to be the addition of 149 million subscribers for wireless data services on smart hand held devices that recorded a jump of 47 per cent in the 12-month period ended December 2009.

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