Telecom sector: Aruna Sundararajan says investments will come in next 12-months
The Department of Telecommunications is also confident of attracting $100 billion in the next five years as mentioned in the ‘New Digital Communications’ draft policy unveiled last week. “Investments will flow into the market in the medium to long term. That is why we have set a five-year target, we are not saying that the investments will come in the next 12-months,” she said when asked where will the money come from given the telecom operators are financially stressed.
Telecom sector has always grown stronger on the back of disruption as the market potential in the Indian market is huge, telecom secretary Aruna Sundararajan said. Image source: DNA Money