India widens access to telecoms, BBC News, 2 Feb 2005

“India has raised the limit for foreign direct investment in telecoms companies from 49% to 74%. Communications Minister Dayanidhi Maran said that there is a need to fund the fast-growing mobile market. The government hopes to increase the number of mobile users from 95 million to between 200 and 250 million by 2007.�

Full story at http://news.bbc.co.uk/2/hi/business/4229743.stm