Indian Rural Network to Get $3.4 Billion Investment

Thursday, October 21, 2010

Sam Pitroda, speaking at the Institute of Studies, Singapore gave a brief roadmap of the project. Connecting villages through internet and telephony will bolster India’s infrastructure and provide the much needed bridge between technology and users.

According to Sam Pitroda the investment for the project will come from the $1.3 Billion collected from private telecom operators and the accumulated amount of $5 Billion as part of the Universal Service Fund. The telecommunication infrastructure in the remote areas of India can open a new market for service providers and needless to say improve the scientific temper of India.

Source: ZD Net (link opens in a new window)