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Long-distance telecom set to grow to Rs.20,800 crore by 2004-05

Mumbai: A report prepared by CRIS-INFAC, a research arm of the Credit Rating Information Services of India Ltd. (CRISIL), has projected that domestic long-distance telecommunications market is expected to grow to Rs 20,800 crore by 2004-2005 from Rs 12,600 crore in 1999-2000.

The study released on Wednesday has projected that average long-distance call prices would however, fall by 31 per cent by March 2005 from March 2000 levels. It says that the total market, the inter-circle market for DLD services -- or the traffic between two telecom licence areas -- is projected to rise to Rs 13,500 crore by 2004-2005 from Rs 8,400 crore in 1999-2000.
The study has however, warned that profitability in the industry might be affected, if there were too many players providing long-distance voice services.
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domain - B : Indian business : News Review : 11 Jan 2001 : general