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    HomeNewsBusinessCompaniesTelecom infra industry plunges 2.52% in FY11

    Telecom infra industry plunges 2.52% in FY11

    Revenues of the Indian telecom infrastructure industry plunged 2.52% to Rs 1,17,039 crore in 2010-11.

    June 25, 2011 / 13:20 IST

    Padma Venkatraman
    Moneycontrol Bureau


    Revenues of the Indian telecom infrastructure industry plunged 2.52% to Rs 1,17,039 crore in 2010-11. Of them, carrier equipment manufacturers, such as Nokia Siemens Network, Ericsson, Huawei and ZTE, were the worst hit, reveals a survey by a telecom industry journal. Their consolidated revenue dropped 12.12% to Rs 58,294 crore during the year.


    The study attributes this sharp fall in the carrier equipment segment to the security policy formulated by the government at the beginning of the year.
    first published: Jun 24, 2011 04:49 pm

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