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This is equivalent of Vodafone India buying up Loop/Videocon + other smaller players who got in the “telecom business” because they could encash the spectrum deal. It is a basic premise, should not take long to understand.
A lot of “influential idiots” are not happy about it because it spoils their ecosystem. The big network wheelers and dealers would have deal with a giant monolith and they would not be able to get the same “rates” as they would get otherwise.
Its difficult for me to base any comment on the merits of the case since I am not an expert nor US market is the focus. But it is a bad omen for this country to have international players in the country (can anyone give me any reason as to why BSNL cannot be made proactive) and they are messing up with public property.
I agree to an extent that teledensity has improved with entry of private players. Yes, BSNL has been a failure. Its a pathetic useless company to deal with. But at least it’s publicly owned. The point here is that BSNL could have been made to sweat out, be made to work. It wasn’t done. And then, you don’t have a legislative framework to keep the consumer interests paramount. The regulators have their heads up their ass.
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