> I’m sorry, but the facts are that india has (had) a remarkable telecom sector at inception.
Maybe yes. But my previous point stands. What good is the sector when millions of Indians can't afford it? (from the perspective of data rates). Also the incumbents had all the time in the world to normalize data rates. But instead they chose to cartelize the industry and kept their profits up.
So they didn't cartelize, and only recently after the insane noise over the 3g auction which fizzled out, did we lose that market.
We've now essentially cartelized (all remaining firms raised rates in tandem), and the few players left are also teetering with Vodafone considering leaving.
This means that we will likely see Jio, and Airtel left, with BSNL constantly being denuded.
Their profits are terrible, and the debt burden because of arrears means they need a rescue, or the future situation will become - impressively - even worse.
Maybe yes. But my previous point stands. What good is the sector when millions of Indians can't afford it? (from the perspective of data rates). Also the incumbents had all the time in the world to normalize data rates. But instead they chose to cartelize the industry and kept their profits up.