India targets 4-5 telecom players, wants to revive BSNL, support Vodafone Idea: MoS Communications

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Chandra Sekhar Pemmasani, Minister of State for Communications, said that India’s telecom duopoly was not a result of policy, but rather market realities driven by capital intensity. “The duopoly has not been created intentionally by anybody. Telecom requires massive capex,” Pemmasani said, adding that Reliance Jio and Bharti Airtel were able to deploy capital effectively, enabling them to expand deeply across the country. “Because of them, we were able to achieve the fastest 5G rollout in the world,” he added.

Speaking to CNBC-TV18 during the India…



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India targets 4-5 telecom players, wants to revive BSNL, support Vodafone Idea: MoS Communications


Chandra Sekhar Pemmasani, Minister of State for Communications, said that India’s telecom duopoly was not a result of policy, but rather market realities driven by capital intensity. “The duopoly has not been created intentionally by anybody. Telecom requires massive capex,” Pemmasani said, adding that Reliance Jio and Bharti Airtel were able to deploy capital effectively, enabling them to expand deeply across the country. “Because of them, we were able to achieve the fastest 5G rollout in the world,” he added.

Speaking to CNBC-TV18 during the India…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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