You are here: Home » News-IANS » Business-Economy
Business Standard

Over Rs 10 lakh cr invested in telecom sector: COAI

IANS  |  New Delhi 

Players in the telecom industry have so far invested Rs 10.4 crore in India, the (COAI) said here on Thursday.

The in a statement said: "Rs 10.4 crore have been invested so far by Telecom Service Providers (TSP) in building a world class "

"More than 3 base transceiver stations (BTS) were added in last one year, taking the total count to 17.64 lakh BTS," it added.

The proliferation of in the rural and remote areas has resulted in efficient connectivity and improved usability of telecom services, according to

"TSPs had already established infrastructural blue-print for services ranging from 3G to 4G, now they are taking adequate measures to build the foundation for emerging technologies such as 5G, (AI), IoT (Internet of Things), M2M (Machine-to-Machine), and so on," it said.

On the occasion of World Telecommunication and Information Society Day, the industry body further said it believes would be one of the fastest adopters of AI-based services.

"AI is a crucial enabler for achieving the national goals in the areas of healthcare, education and capacity building," said Rajan S. Mathews, of COAI, adding that "with a positive ecosystem, driven by better connectivity and a financially robust sectoral health, AI will unveil possibilities hitherto unparalleled."

--IANS

rrb/qd/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 19:48 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU