This article examines the telecoms market of the BRICS group (Brazil, Russia, India, China and South Africa). The group is widely seen as a counterweight to the G8 group, which includes also Russia.
With over three billion inhabitants (more than 40% of the worldâ€™s population of nearly seven billion in 2011) BRICS countries often dominate headlines around the world. The recent admission of South Africa also gives the group presence on four continents (Africa, Asia, Eastern Europe and South America). With a total nominal GDP of US$ 13.7 trillion in 2011 the group is seen as offering high growth potential for investors from all over the world. The group garnered total telecom revenues of US$278bn in 2011, a 7.6% annual growth, more than 2.5 times the growth of the world telecom market in 2011.
BRICS key figures
Mobile market: the driving force of the BRICS telecom markets
Fixed broadband: planned BRICS cable system is expected to boost fixed broadband