New Delhi, July 29: The telecommunications market in India grew by 5.11 per cent with a market size of Rs 50,358 crore during 2002-03 as against Rs 47,908 crore in the previous financial year.
While the basic fixed-line services grew by only 9 per cent in 2002-03, mobile services business grew by 50.53 per cent. Limited mobile and cellular together added 7.75 million subscribers during 2002-03.
Basic services contributed 57 per cent to the total services’ industry size. The cellular sector was responsible for 16 per cent contribution to the communication services industry’s top line. Other significant contributors were the national long distance (12 per cent) and international long distance (11 per cent) services.
According to the “8th National Telecom Survey Report” by Voice and Data released today, Bharat Sanchar Nigam Ltd remained the top service provider in the country with a turnover of 27,500 crore. However, growing competition in the market restricted its year-on-year growth to just 2 per cent for the public sector telecom company.