In a second development this week at the Mobile World Congress, FCC Chairman Ajit Pai signed a non-binding letter of intent Wednesday with R.S. Sharma, the Chairman of the Telecom Regulatory Authority of India (TRAI). The agreement aims to strengthen the existing relationship between the FCC and TRAI by establishing “a framework for the mutually beneficial exchange of ideas.” India’s telecommunications market currently ranks as the second largest on earth. Driven by strong adoption of data consumption, total wireless market revenues in India are expected by the India Brand Equity Foundation to reach US$37 billion this year. A report issued by the Market Research Store also projects that India’s telecom sector will grow by a 10.3% year-on-year rate to reach US$103.9 billion by 2020.
The cooperative arrangement encompasses activities that include the sharing of best practices, bilateral workshops and digital videoconferences. To guide these efforts, the FCC and the TRAI have agreed on topics of shared interest that include, among others, the acceleration of broadband deployment and the “alignment of spectrum policy to meet increasing mobile broadband demand.”