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Telecom Consolidation

M.A.D. (Mutually Assured Destruction)

From 13-14 operators in 2008, Indian telecom is about to settle to '3.5' operators in 2017. But a new death spiral has begun

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On 1 July 2003, Reliance Infocomm lobbed a grenade into India’s telecom sector, offering handsets for just Rs 501. The ‘Monsoon Hungama’ offer allowed it to rack up over a million subscribers in just 10 days. By the time, it realised that giving away stuff for free would only attract those who wanted free stuff,…

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