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More BharatBlogAct I, Scene I: Huawei-Videocon Slugfest
- July 23, 2012
- Gagandeep Sodhi
- Comments(4)
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xtremely pathetics situation... where 2 parties have decided to hurt their own business.. This is scary, to say the least !
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I agree it is depressing to see one catastrophe after another hitting the industry. Indian telecom was the Sunrise industry but it is not just Supreme Court which is to blame. SC just decided to bell the cat but somebody had to do it. some of the new operators needed an exit route and they got it through the cancellation of 122 licenses. The time was right for correction in the industry. And lets not even think of M&A options, which was the other way of giving exit route to the new operators. In that the question obviously would have been--where is the buyer??
But now it is critical that the Government resolves the key issues facing the industry. They need to provide the policy roadmap and much needed clarity on the key issues...
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Indian Telecom Industry is unfortunatley now a days only getting such " washing dirty linen in public" kinds of news only when the onus shoukd have been on Network Quality & Network advancement in terms of technical innovations . This whole thing got intiated by the "Heroism" shown by SC in cancelling Licenses of Operators . Where was this SC when the Licenses were being awarded?. You cannot just get out of sleep one day & strat quashing older decisons even if there are some doubts . The only thing that should be done is to avoid wrong practices being done in the future but you cannot reverse decsions of the past as if that be so there can be upmteen no of decisions which might need to be reversed but only for Indian Telecom this stupidity was reserved by the SC . Indian Telecom was one of the sunrise sectors & whole world was admiring but one foolish act of SC & the juggernaut has taken a beating. Very Unfortunate to get to see such gloomy stories everyday
The blogs and comments are the opinions only of the writers and do not reflect the views of Light Reading India. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
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