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6/30/2016, according to market-research firm Market Research, Store the latest report shows that in 2020 India telecommunications service Market is expected to reach $103.9 billion, 2015 and 2020, average annual growth rate of 10.3%.
The report showed that in the past few years, India has presented index and growth, and become the world's second largest market.
Due to the fierce competition, the network coverage increased, tariff rate has decreased, leading to growing Indian telecom services market in the past few years.
According to the report, from 2015 to 2020, 4 g technology services is expected to 26.6% compound annual growth rate (CAGR) growth. And wireless services market in 2020 is expected to reach $39.02 billion, CAGR of 9.3%.
Telecommunications is the rapid growth of economy departments and a major modernization need support service. The research agency, said by India's telecoms regulator on the implementation of policy and regulatory framework for service providers to create a potential service environment.
Wireless services market leading companies in India is bharti airtel, coming in second, vodafone, the third is Cellular, fourth Reliance Communications, BSNL state-owned enterprises is also a potential operator, Reliance Jio Infocomm is ready for the official start of the operation by the end of the year.
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