Friday, February 10, 2017

India, Indonesia will be Economic Powerhouses by 2050, With Positive Implications for Service Providers

Though some might still be skeptical, India and Indonesia are likely to emerge as economic powerhouses by about 2050, based on gross domestic product, adjusted using the purchasing power parity method, which adjusts prices between countries so that comparisons can be made on a like basis.


That is likely to have important ramifications for communications service providers, as domestic Indonesian consumers and businesses will have lots more money to spend on a variety of services.


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