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'Telecom sector can create 25 Million jobs'
By siliconindia
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Friday, 03 April 2009, 15:55 IST |
21 Comments
New Delhi: Driving attention to the telecom sector, major telecom players have proposed for deployment of mobile broadband financed by private players, which would create 25 million jobs. Global GSM players like AT&T Mobile, Ericsson, Alcatel Lucent, Orascom, MTN Group and Sunil Bharti Mittal of Bharti Airtel have submitted the proposal to PM Manmohan Singh, to endorse it at the G20 meet.
The proposal also highlighted that the move will boost global GDP by around four percent. "The initiative is centered on replicating the success story of GSM and making access to the Internet via mobile broadband devices ubiquitous. The broad economic impact of this is well established in research. In emerging economies, a 10 percent increase in mobile penetration boosts annual GDP growth by 1.2 percent," said the letter.
Highlighting the efficacy of the mobile firms, the companies provide voice and basic data services to over four billion consumers, on networks that cover over six billion. A 10 percent increase in mobile penetration will boost annual GDP growth by 1.2 percent. In return for this, the mobile industry has asked for two key enabling actions from the G20 governments.