1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

BT Group gains licenses to provide traditional phone services in India

Britain’s largest telephone company BT Group Plc has confirmed in a statement that they have now gained the licenses to provide traditional phone services in India.

India is one of the fastest growing telecom markets in the world and provides an exciting opportunity for growth to BT.

BT Telecom India would now be offering nationwide long-distance and overseas telecommunications services to its global customers.

The company paid around 50 million rupees for these telephony licenses in the country. Edelweiss Capital’s Panja spoke about BT’s Indian plans: “India is increasingly becomes an outsourcing base and a people-centric operation for many global companies, so it makes sense for BT to offer services to its international clients here. BT’s cost of operations may reduce because now it will not have to pay third-party charges to local carriers.”



Related Posts

Star Group finally collaborates with Dish TV

Hinduja Group shows interest in buying 100 % stake in Hutchison Essar

AV Birla group acquires Tata stake in Idea

ETH Air TV: Sterling Group to launch DTH operations next year

Reliance now offering Free Group Term Life Cover to their telecom customers

Leave a Comment