No Network!!
On Face Value:-
The Indian Telecom industry is fifth largest in world and second largest in Asia.It has around 370 million connections.The industries in play are State owned(BSNL,MTNL),Private(Reliance Commnication,Tata),Foreign invested(Bharti,Idea,Vodafone).There are many facts and figures apart from this miniscule data given which suggests that Telecomm Industry is highly promising.
Life without landline,cellphones and internet will go for toss.This suggests the power of telecom industry in brief.
Bare Facts:-
1)Bharti-MTN deal was called off because of problems of :-a) Dual listing and
b)Rupee convertibility;
2)BSNL & MTNL are vying for Kuwait based telecom major-Zain since quarters;
3)Per second billing started by Tata Doccomo and in some circles by Aircel have sent alarming signals to other major opeartors.
4)TRAI has expresses its views for per second billing also now.
5)3G war i.e spectrum war has set in to get more air space.
6)Reliance Communication is planning flat 50 paise for all calls and messages to suppress other majors.
These factors have led to Tanking of Indian Telecom industry.
Now new phrase for Indian telecom industry is "Saare Zameen Par" and biggest domestic industry is taking biggest blow.
Though in this process customer is no doubtedly King but Telecom industry is losing its Network in short run!!
Though in this process customer is no doubtedly King but Telecom industry is losing its Network in short run!!
Views of analysts :- time to start accumulating Telecom stocks..
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