"BT has invested in India over the last 20 years through our partners and we now have a significant presence in country as a major user of Indian talent for our IT and BPO requirements. The latest announcements encourage us to start services in India," Ben Verwaayen, chief executive, BT group said in a statement, adding the bold move would further drive India's competitiveness in the global marketplace.
"Coupled with the relaxation in foreign direct investment to 74 per cent (in telecom sector), these initiatives will enable global operators such as BT to expand significantly and invest in the Indian telecom and IT/ITeS market," he said.
"Furthermore, this is a good step both for India's customers and operators. These initiatives are likely to result in greater competition, and the market will see the introduction and implementation of the latest technology to be deployed as competition grows.
The government announced several initiatives targeted at further liberalising the NLD and ILD licenses to facilitate the growth of IT and ITeS services in the country.
BT is one of the world's leading providers of telecom solutions in Europe, America and Asia-Pacific. Its activities include networked it services, local, national and international telecommunications services and higher-value broadband and Internet products and services.
