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.”
BREAKING NEWS
TECHNO TRENDS
NVIDIA become the most valuable companies in the world
Nvidia has surged to become the world's most valuable listed semiconductor...
As ChatGPT iOS app expands to more countries, it is yet to arr
OpenAI is expanding the availability of the ChatGPT app for iOS to more ...
CERT-In identifies multiple vulnerabilities in Chrome, Microso
The Indian Computer Emergency Response Team has found multiple vulnerabil...
Apple signs multi-billion-dollar deal with Broadcom
Apple has entered into a multibillion-dollar deal with chipmaker Broadcom ...
E-Magazine
TECHNOTAINMENT
92-yr-old US billionaire reacts on his death rumours: I am ali
Taking to Twitter, 92-year-old US billionaire George Soros clarified tha
Sources say UK Media reports on India's efforts to bring back
Reports that have surfaced in the British media that India has mobilised di
MOVERS & SHAKERS
Videonetics ropes in Srivikraman Murahari as VP of Products &
Videonetics has appointed Srivikraman Murahari to the position of Vice Pre
Data Security Council of India names Pramod Bhasin as the new
Data Security Council of India (DSCI) has appointed Pramod Bhasin as the n
OPEN YOUR EYES
INTERVIEWS
Standard backups are no longer enough
Relying on traditional backups as insurance is no longer enough. Modern sys
Aruba positions itself as the leading provider of next-generat
Network as a Service (NaaS) is becoming a top priority for organizations wo
HOT PICK
OPPO unleashes F23 5G with 5000mAh battery
OPPO announces the launch of its latest smartphone F23 5G. The device wil
HMD Global unleashes affordable and durable smartphone Nokia C
HMD Global announces Nokia C22, an affordable smartphone with exceptional
MAKE IN INDIA BRANDS
MICROMAX INFORMATICS Ltd.
SECLORE TECHNOLOGY PVT. Ltd.
TATA CONSULTANCY SERVICES
HAVELLS INDIA LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India 2022: SUNIL BHARTI MITTAL
Icons Of India 2022: SUNIL BHARTI MITTAL...
Icons Of India 2022: PROF. N. BALAKRISHNAN
Icons Of India 2022: PROF. N. BALAKRISHNAN...
Icons Of India 2022: AMAR BABU
Icons Of India 2022: AMAR BABU...
WIITF 2023
Brand Book 2023
CDS 2023
BANNERS
CMO of the Year
Panel Discussion Session I
Panel Discussion Session II
Panel Discussion Session III
Women leadership in Technology Sales
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
