In August, India’s telecom regulator is all set for a change of guard. Never in its 23-year history has the Telecom Regulatory Authority of India (Trai) been accused of playing by the rules of a zero-sum game. A game that has soiled the shiniest story of liberalisation in the country.
Two of India’s three private telecom operators, which together account for account for Mint Reliance Jio commands 33.47% wireless market share, while Airtel has 28.31% and Vodafone Idea 27.57% Read more 56% of mobile subscribers, reported Rs 40,393 crore ($5.4 billion) in quarterly losses last week.