India In Danger Of Missing Internet Revolution: Eric Schmidt

India In Danger Of Missing Internet Revolution: Eric Schmidt

By SiliconIndia   |   Thursday, 21 March 2013, 09:19 Hrs
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Bangalore: India faces a great danger of missing the Internet revolution unless it restores its internet infrastructure, said Eric Schmidt, Google Chairman in an interview to CNBC TV 18.

Schimdt said, “I’m worried that India, having been satisfied with the great success of their IT revolution, have made the same mistake many companies do-they rested on their laurels without understanding how quickly technology changes”

The search giant was referring to a severe lack of fiber optic connectivity in India, which is reported to be the future of high speed Internet. He also added saying that, “India’s connectivity to the net has always weak. There are insufficient undersea cables to handle the bandwidth, fiber optic cables are proprietary instead of public and infrastructure didn’t get enough attention.”

However, he said that he wasn’t disappointed because his meetings with certain people indicated that there was a lot of dedication for establishing fiber optic networks and mobile networks in India within the next year. Besides, he said that the next revolution is the Smartphones and that it would encounter the Internet on low-cost.

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