A Study on Financial Performance of Telecom Sector in India

Abstract

Telecommunication sector plays very significant role in the growth and development of the economy. This sector has been providing a reasonable amount of employment to the growing population in India. This sector also attracting huge amount t of domestic and foreign directi nvestment and its spillover effect can be seen in the economy. Telecommunication sector has been participating very effectively in the modern economies. It is also very important to note that certain macro economic aggregates such a as investment, employment, savings, consumption and demand has been determined at larger extentby this sector to achieve long run sustainable development in India. Communication may be considered as one of the factors of production and it is essentially required inthe production and consumption process. In this background the present study makes anattempt to know the performance of telecommunication sector in India.  In order to assess the financial performance of telecommunication sector, both public sector and private sector companies have been considered.