India to be 2nd largest telecom market in 5 years: E&Y study

siliconindia: "Indian telecom operators could see almost three-fold jump in revenues � from $9 billlion in 2002 to $25 billion by 2007, according to a study released by Ernst &Young.

As per the study the Indian telecom network will become the second largest in the world after China in the next five years.

The report, titled �Redefining Indian Telecom,� also said that the teledensity in India would cross 20 per cent in the next five years instead of eight years as projected by the government. "