Wireless subscriber base marks 50% growth

NEW DELHI, INDIA: Despite the economic slowdown, the service sector segments such as wireless, Internet and broadband portray a bright picture says a Ficci report.

The report says that the number of wireless subscribers in the country grew 50 percent during April-November this year over last year.

While the total Internet user base grew by 26 percent in the period, broadband segment marked a remarkable growth of 87.7 percent.

The report stated that better penetration, liberal policy measures and reforms undertaken by the government led to the growth in these service segments.

The services sector has contributed 63 percent to the country's GDP. The chamber said railways, media and entertainment, education and training services and organized retail witnessed a growth of 20 percent in April-November this year.