Delhi: US telecom major AT&T Inc expects to see
40 per cent annual revenue growth in its Indian business
for the next two years at least, a top regional executive
said on Wednesday.
projection comes on the back of the company''s announcement
that it expected double-digit sales growth annually in
Asia-Pacific over the next few years, driven by robust
demand in India and China.
has just launched commercial operations in India.
you look at the revenue growth rate, it was about 40 per
cent last year and we anticipate that the 40 per cent
growth rate will continue for two years at least,"
VS Gopinath, vice president of AT&T Asia Pacific,
said at a news conference.
are very optimistic about the market space here and the
demand. So we think that kind of growth rate will continue."
year AT&T had become the first foreign carrier to
secure a licence for long-distance and international services
in India under a revised policy that allows foreigners
to own up to 74 percent of their Indian units.
was previously represented in the country through a partnership
with Indian firm Videsh Sanchar Nigam Ltd.