Strategic alliance of Bharti-Airtel in India with IBM India and Ericsson India

Abstract

Telecom is the backbone of any economy and currently India had witnessed fasted strides in this segment. Driven by Machine 2 Machine growth India is expected to have huge growth according to UST global. The faster growth in this segment has been facilitated by the liberal government policies. As per the study conducted by GSMA, India by 2020 will be the 4th largest smartphone market. Japanese Telecom Company Soft Bank has planned to invest US$10 billion. Ericsson has won US$ 9.42 million three year operations support for Reliance Jio. Telecom sector has seen 13.4% growth to touch US$ 64.1 billion. Wireline and Wireless increased at the rate of 10.4% to reach US$ 39.1 billion over FY06-13. Telecom Equipment earned revenues US$23.5 billion in FY12. The IMF has forecasted 5.7% CAGR growth to US$ 1869.3 by 2018. The government plans to cut fees by 33% for operators covering 95% residential areas.