05-28-2007, 12:29 PM
Quote:While China is zooming, the Indian broadband market seems to be stuck in neutral, even though the government had declared 2007 a year of the broadband (or whatever passes for broadband!) Andthat should be a cause of concern for venture capitalists who are placing multi-million dollar bets on consumer Internet start-ups.
There has been a strong demand for broadband, but apparently there is a shortage of modems and other gear...
This should be a major concern for US based venture capital firms that are investing at a break neck speed in India, especially those who favor consumer Internet start-ups. Lack of broadband is going to become a major roadblock for the growth of their investments...
full article: http://gigaom.com/2007/05/28/in-broadban...ia-stalls/