US-based IT services company UST Global plans to invest $100 million (about Rs 610 crore) in India and hire over 25,000 people, mostly telecom professionals, over the next two to three years as it seeks to build capacity in anticipation of strong growth in the country's telecom sector, Economic Times reported.
Sajan Pillai, chief executive at UST Global, told ET that India's telecom sector is set to see the largest growth over the next five years, from a services perspective, as millions of customers will begin using smartphones, leading to massive increase in data usage. This, in turn, will require back-end support for customer management, operating and business systems (OSS, BSS) on data networks. "We're building an overall aggregated capacity of over 25,000 people in the next two and half years," Pillai said.
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