Telecom sector received $4 bn in FDI in 2 years
Foreign Direct Investment (FDI) in the telecom sector stood at $4.09 billion (around ₹27,000 crore) between April 2014-February 2016, Telecom Minister Ravi Shankar Prasad said on Wednesday. In comparison, the investment was $1.61 billion between April 2012-March 2014. Meanwhile, the number of telephone connections in rural India has increased more rapidly compared to urban India, he added.