An analysis of telecom industry and impact of privatization on it

The current paper sheds light on the analysis of the Indian Telecom Industry and the impact of privatization on it. The telecommunication industry of India is one of the vast and leading industries in the world connecting different parts of the country through various modes like telephone, radio, TV, satellite and internet. The telecom Regulatory Authority of India governs this industry by providing a regulatory framework and favourable environment for its efficient operations. The telecom industry stands as the second largest in the world due to its rapid advancement and is in cut-throat competition with the telecom industries of the other developed countries. On the other hand privatisation is the process of switching the authority from the government to the private sector. Privatization is the process that has huge impact on the telecom sector in India. Data for the paper is the secondary data which is obtained from different annual reports of Telecom Regulatory Authority of India (TRAI) and from Google.