They make obscene profits and the all the while claim that they pay the highest taxes in the world. If the market conditions were so difficult, who has forced them the stay out around here and sell their pathetic services? A fair weather indication of their turnover is the news that the mobile tarrifs have increased to over 1.30 lakh crore. If the estimated numbers of millions of Indians joining the mobile bandwagon is true, this is a serious party and money. I would still need a confirmation and no one knows the real picture barring perhaps the telecom operators themselves.

They have fudged the numbers, dodged the taxes and take all of us a big ride. Thats the reality of big businesses all over the world.

TRAI is best known as a regulator that cannot enforce it’s own recommendations. Therefore, it brings forth new regulations to replace the ones it had brought earlier. It believes them to be set in stone and believes that they are timeless. It is with this fallacy, TRAI has remained in existence.

Rediff reports about TRAI recommendations. They may portend the future of the things to come.

Delhi High Court has said no to stay the spectrum allocation. It’s a resounding defeat for the COAI (the motley group of morons) and decided to press ahead with Reliance’s claims of having the right for dual licence. Further details on rediff story here. I am quite sure that an out of court settlement would be reached anytime soon. It would not be profitable for either party to indulge in costly legal battles and manage the nosy media either way.

In another significant draft notification from TRAI they have allowed for up to 74% if FDI in mobile TV. The details are sketchy but then let’s not bother. These fossilised morons are up to no good anyway. Still, the fact remains that mobile TV would be a reality and I am sure that a lot among you would be keenly watching midnight hour on fashion tv.