This analysis highlights the key trends that dominated the telecom industry in 2012, as well as the technology trends likely to be witnessed by the sector in 2013.

According to Frost & Sullivan, with over 900 million mobile subscribers, the Indian telecom market is amongst the largest and fastest growing globally. Over the last few years, the market has emerged as the third largest in terms of attracting foreign direct investment (FDI), and accounted for more than 8 per cent of cumulative FDI inflows between 2005 and 2010.

Despite being one of the fastest growing, the Indian telecom industry still faces numerous challenges, in terms of regulatory hurdles, spectrum allocation, and hyper competition, leading to low average revenues per user, lack of infrastructure, and underpenetrated rural areas.

The firm is of the opinion that going forward the segment is going to witness tremendous activity, with the emergence of smartphones and 3G enabled handsets, and the introduction of next-generation networks.

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