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Financial Statement
Appendix 2. Ratios on Spread sheet
Introduction
Telecommunication is one of the fastest growing sector in India. Today one out of three people have a mobile in the world (source Economic Times, 18th Sep.2005); while in India the ratio is 9.7 out of 100 this shows the growth potential of the sector.
Year 1995 2000 2005
Teledensity per100 0.8 2.7 9.7
Source Business Today 25th Sep. 2005
Currently subscriber base of mobile is of 60mn in India and government is expecting to achieve 250mn telecom subscriber by end 2007. For this they are targeting lower income group people...
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