The paper reviews Indian Telecom in the context of the telecom business worldwide with special focus on Asia Pacific. There has been a rapid increase in markets, revenues, investments, in part, due to the increasing use of telecommunications as inputs in new businesses and new ways of doing business, such as internet, e-commerce, call centres and software. The Indian telecom sector has also witnessed phenomenally rapid growth in the last ten years, but still lags behind China and ASEAN countries, in investment and telecom penetration rates.
