Mobile And Broadband Push In India To Cost ?Tens Of Billions? ? Let The Bidding Begin

In markets like China and India, which are showing explosive growth in the connectivity and tech sectors, there's a bit of a gap between supply and demand. Not that the two are ever at parity even under the best of conditions — but the very thing that makes these markets volatile is what makes them harder to grow: the lack of infrastructure. When it comes to mobile and broadband, you can sell it as fast as you can make it, but nobody ever said making it would be easy — or cheap. The government of India has just gotten a vague estimate of "tens of billions" of dollars in order to take the next step in rolling out their broadband network. What happens next? A bloodbath, as corporations worldwide compete to get their foot in the door.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Jkq8ncqyIrQ/

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