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TMT Conference to address US$40bn funding gap

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It has been announced that TMT Finance and Investment India Conference is scheduled to be held in Mumbai on October 18 to address industry investment needs of US$40 billion. 

 

The conference will mark a series of panel discussions on critical areas related to financing and growth for mobile and fixed telecoms and broadband across India and will start with a keynote address of Shri R. Chandra shekhar, Secretary, Department of Telecommunications and Head of the Telecom Commission.

 

Ashish Sharma, Director & Head, Telecoms India, Booz & Company, explained, “Telecom is one of the most spectacular success stories of the Indian economy. The industry is now poised to transition to the next stage of growth, ushering in digitization of the economy, which is both a social and a national competitive necessity. This requires investments in excess of US$40 billion. 

 

The TMT Finance India conference is a timely platform to forge a new partnership amongst industry, government and other stakeholders on making the industry structurally attractive for fresh investments.”

 

The opening panel session - the Telecom Leadership Round Table - which is chaired by Booz & Company will include Chief executives from Reliance Communications, MTS India, Tata Communications and Telenor India. Moreover, the conference will also feature leaders from Bharti Infratel, State Bank of India (SBI), Quippo, Apax, ATC, Uninor, Axiata, IDFC, the World Bank, DBS Group, ANZ Banking Group, Citigroup, Standard Chartered and others.

 

In addition, The M&A Panel - Who will lead consolidation? Spectrum and Policy - What impact on the telecom landscape? Telecom CFO Round Table - Establishing new paths to operational efficiency; Financing Telecoms - How, where and when to raise capital and the Mobile Infrastructure Leaders Panel - Who will lead growth of India’s tower industry? are the several other key panel topics for the conference.