India 3G Summit:
Akhil Gupta, Joint Managing Director of Bharti Tele-Ventures and the financial brain behind the company’s alliances and the massive fund mobilization program, has been one of the main speakers at the summit. Gupta said that Bharti, the largest private sector telco in India with more than 11 million mobile subscribers, will invest at least $1 billion for offering 3G services. He added that that the question whether India is ready for 3G itself is a bit of “over reaction”. “How is India inferior to any part of the world? The question is whether the technology is ready for India,” Gupta said.
Although that’s an “over reaction” from Gupta, the point he is making is that India needs to be in tune with international standards in telecom. “Then only we can expect economies of scale and commercial viability,” Gupta exhorted. He added that the rollout of such services shouldn
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