Without tariff rationalisation, telcos may not invest where it’s needed most — in quality of service. That’s already hurting consumers in terms of poor signal and weak data link.
New Delhi: The Telecom Regulatory Authority of India (TRAI) has issued a consultation paper on the framework for service authorizations for broadcasting services under...
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
GoI netted about Rs. 1,50,173 Cr. (approx. $19 billion) in 2022 from its 5G spectrum auction. In 2024, in what was the second round of 5G auction, it collected a disappointing Rs 11,340.78 crore (approx. $ 1.35 billion?). So, total collections from 5G spectrum auction = approx. $20.35 billion
Trillions of dollars?! Our telecom companies are still several continents away from ever spending that much!!
They barely spend a fraction of what they shell out for purchasing spectrum on the network which is needed for providing connectivity using that spectrum.
In fact, most of them (incuding Reliance and Airtel) do not even know anything about technology, nor do they care. They smugly outsource the entire work and setup for amounts (recurring annual charges) that barely cover the cost of providing decent service. And they wash their hands of any responsibility to their customers.
Hence, the abysmal level of their services even for wired internet broadband; though they don’t need to lease spectrum from the govt. for that.
All this while the paid press regularly prints sympathetic articles expressing shrill concern for the unending financial duress they suffer from.
Rentier capitalism. It is another of the inevitable, natural outgrowths of the crony capitalism that prevails here.
And let’s not forget the stunted concept of fully realizable or notionally maximum potential of revenue which makes for what the current ruling party insisted is the only possible honest policy.
———–
ThePrint Team,
I don’t get to read such flimsy, weak articles in The Indian Express or The Hindu.
Those known to be of the fake media create/present the fake material for those who pay. You guys don’t even do that. You are content merely selling space to bidders.
————–
Ms. Mookerji states: “On 5G alone, the telecom industry has invested trillions of dollars and has hardly seen any returns.” (Last paragraph.)
https://www.pib.gov.in/PressReleasePage.aspx?PRID=1847279
One trillion dollars = $1000 billion
GoI netted about Rs. 1,50,173 Cr. (approx. $19 billion) in 2022 from its 5G spectrum auction. In 2024, in what was the second round of 5G auction, it collected a disappointing Rs 11,340.78 crore (approx. $ 1.35 billion?). So, total collections from 5G spectrum auction = approx. $20.35 billion
Trillions of dollars?! Our telecom companies are still several continents away from ever spending that much!!
They barely spend a fraction of what they shell out for purchasing spectrum on the network which is needed for providing connectivity using that spectrum.
In fact, most of them (incuding Reliance and Airtel) do not even know anything about technology, nor do they care. They smugly outsource the entire work and setup for amounts (recurring annual charges) that barely cover the cost of providing decent service. And they wash their hands of any responsibility to their customers.
Hence, the abysmal level of their services even for wired internet broadband; though they don’t need to lease spectrum from the govt. for that.
All this while the paid press regularly prints sympathetic articles expressing shrill concern for the unending financial duress they suffer from.
Rentier capitalism. It is another of the inevitable, natural outgrowths of the crony capitalism that prevails here.
And let’s not forget the stunted concept of fully realizable or notionally maximum potential of revenue which makes for what the current ruling party insisted is the only possible honest policy.
———–
ThePrint Team,
I don’t get to read such flimsy, weak articles in The Indian Express or The Hindu.
Those known to be of the fake media create/present the fake material for those who pay. You guys don’t even do that. You are content merely selling space to bidders.
————–