The telecom sector in India has experienced rapid growth in recent years, driven by liberalization policies, technological advances, and lower prices. Key players in the sector include Reliance, Bharti Airtel, BSNL, and MTNL. Between 2005-2007, the number of GSM and CDMA subscribers grew significantly at annual rates above 90% and 70%, respectively. The government regulates the sector and has policies around mergers and acquisitions. Looking ahead, the future remains bright for further growth as the sector targets expanding into rural areas.