
In a wide-ranging report covering the growth of the telecom sector in the country, the Telecom Regulatory Authority of India has credited the ultra-low cost of handsets and low tariffs for the boom in the telecom sector.
A prospectus lodged in the US is a very dry affair these days but Facebook’s paperwork for the float did highlight some great data points relating to what is going on online.

Facebook says the internet still represents only a modest portion of total advertising spending, even though its audience reach is greater than television, and the ability to harness the internet for targeted or interactive marketing is unparalleled.