Communications Minister says that India will not have a telecom monopoly or duopoly
By MYBRANDBOOK
Minister of Communications Ashwini Vaishnaw said India is not heading towards having a telecom monopoly or even a duopoly. According to Vaishnaw, BSNL is coming up as a very stable player in the market and has started making operating profits now. He further added that the country will continue to be the most affordable telecom market in the world.
The minister made a bold statement that India still has a wider scope of market in Telecommunications, despite dominance of companies like Reliance Jio and Bharti Airtel in recent years for revolutionizing the network industry by making India the most economic market for internet and calling services.
Reliance Jio effortlessly entered the crowded and highly competitive mobile market by offering free 4G voice and data service. Airtel was the only other company which followed the same path. However, prominent companies like Idea and Vodafone despite their collaboration as Vi (Vodafone Idea) couldn’t even compete with these two giants.
When asked about his views that there are generally only two to three main players in the Telecom industry , the minister came up with a logical reply which stated “It is very Capital intensive and it is driven by very rapid technology cycles, also India is moving towards becoming the most affordable telecom market.”
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
Icons Of India : Dilip Asbe
At present, Dilip Asbe is heading National Payments Corporation of Ind...
Icons Of India : Deepak Sharma
Deepak Sharma spearheads Schneider Electric India. He brings with him ...
ICONS OF INDIA : SANDIP PATEL
Sandip Patel is the Managing Director for IBM India & South Asia regio...
C-DAC - Centre for Development of Advanced Computing
C-DAC is uniquely positioned in the field of advanced computing...
RailTel Corporation of India Limited
RailTel is a leading telecommunications infrastructure provider in Ind...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
Indian Tech Talent Excelling The Tech World - Aneel Bhusri, CEO, Workday
Aneel Bhusri, Co-Founder and Executive Chair at Workday, has been a le...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...