Achieving $100 bn investment in telecom is understatement: Telecom Secy

The government aims to attract $100 bn investments in the sector in 5 years, Aruna Sundararajan says that the telecom sector is robust enough to achieve the objective despite the current slump

The government aims to attract $100 billion investment in the telecom sector in 5 years, a target questioned by many given the current financial stress in the sector but the number looks pretty small when compared to China, where telcos have been consistently investing $70 billion annually for the past many years.

Telecom Secretary Aruna Sundararajan too feels that the fundamentals of telecom sector are robust enough to aspire and achieve the objective despite the current slump.

"We did a comparative benchmarking with China, which has consistently spent $70 billion on telecom infrastructure per year for the past many years. We have