Ad Here  
July
August
September
October
November
December
 
 
Inclusive and forward moving... Nothing to hide... Towards peace of mind Business Breif Realising double digit growth in Tamil Nadu Housing Innovation Challenge, 2015 Realty sector takes a break... Research needs more funding Durga - India’s largest blast furnace; now operational TCS’ revenues cross Rs 100,000 crore On the ‘milky’ way Waste, a gold mine Is Indian telecom industry heading for a monopoly? Blue Star plans a new plant in south LVB gears to become a financial supermarket Strategy war escalates between Hero and Honda Flexible labour laws… Airlines wage price war ALL – truck industry is recovering from degrowth Chennai Port is at last decongested! Tata Steel commence operations at Kalinganagar Sun Edison launches solar pumps Schwing Stetter India joins hands with US-based Gomaco The new look- 4s Verna Scoot offers just Rs.13,500 to ANZ... Chennai to get a roundabout Metro Holiday Inn opens in OMR Chennai AirAsia India infuses funds to fight out competition ALL to launch electric busses Celebrating 180 years of relevance Automotive Vision Plan II... WABCO’s second Chennai plant Pharma market dozes A global plastic event in India TII’s single largest investment at Thiruthani Hero Motocorp - smooth ride Need to focus on ease of doing business... TOP 10 CEO Compensation Chola MS launches motor app - Time to fast-pace the logistics sector Applauding enterprise... Well-refined – RIL’s refinery margins zoom Digital retail transactions stabilise at higher level… Techies trip to India CUB: towards card-less withdrawal Auto test tracks launched at GARC Oragadam campus Downsizing spree... Nigeria comes nearer When Centre visits the state Murugappa- a year of consolidation TiE applauds innovative entrepreneurs TII-challenging year with flat growth Backpack laboratory Creating Tamil Nadu Banana brand Chola MS net crosses 100 crores Veritas Finance- financing the unfinanced More gensets and diesel engines from TAFE An American alliance in the chemical industry? Big-ticket investments march towards Punjab Industry-well poised to invest on expansion Innovation that helped Chennai port Make way for the new and dynamic railways Indigo stays leader with 40 per cent share Gem of social service... IFCI to raise NCDs upto Rs 2000 crore An aerospace-defence cluster in Tamil Nadu… Reality bytes Steel loses its sheen Striking cords for 25 years… ECGC expands operations ISRO's 100th mission Focus on self-certification and third party inspection Connecting the unconnected Changing dynamics in human resource management Bridging the skill deficit in pharma industry TN budget pragmatic and moderate on fiscal deficit STFC raises money Smart controls for cooling large multi-zone spaces ... Carrefour’s quick exit Four daughters and a proud father Placing the right shoe forward... Three more leather clusters… TVS Logistics – another acquisition to sharpen the business model Rating of states to be released soon Dynamic e-commerce scenario People Flow Day- Safety Celebration time at MS Chola Investor friendly Japan ALL-two launches in a row Hyundai excites again Curbing steel imports will hurt small business... Chennai will soon get its World Trade Centre OBO Bettermann for better lightning protection Purdue and IIT-M sign the dotted line Secured NCDs from Shriram City Illicit markets a concern to growing economy Business Briefs Brand leaders come forward... Indian Bank – global businesses crosses Rs 3 lakh crore... BRICS development bank World labour laws at a glance Economic, business and social sustainability Apple maps – finding its way SumInfra- corridor based development... Adding Zest to Scooty Climate change may change the way businesses work... Ridley marathon to India European crisis is a global crisis! Economic issues take a back seat at G20 summit
 
Is Indian telecom industry heading for a monopoly?

Anil Ambani-owned Reliance Communications (RCom) had announced the acquisition of MTS’ holding company Sistema Shyam Teleservices Ltd. Even though RCom considers it as the first consolidation in the Indian telecom industry, economically it is not going to add much to its market share. MTS owns a meagre market share of 0.89 per cent with 8 million subscribers.  RCom holds 11.21 per cent with 134.90 million subscribers; Airtel has 23.52 per cent market share followed by Vodafone’s 18.90 per cent as well as Idea Cellular’s 16.53 per cent. But the acquisition offers a wider spectrum visibility. The deal will extend the validity of RCom’s spectrum in the 800 MHz and 850 MHz band in Delhi, Gujarat, Tamil Nadu, Karnataka, Kerala, Kolkata, Western Uttar Pradesh and West Bengal by a period of 12 years from 2021 till 2033.

The deal will add revenue of Rs 1500 crore to RCom. Mukesh Ambani’s Reliance Jio has also signed an agreement with RCom to use the latter’s extensive inter-city and intra-city infrastructure of nearly 520,000 km of optic fibre pairs. The aggregate value of the deal was estimated at Rs.12,000 crore.        

Vodafone has also proposed to invest around $9 billion in India thereby adding more cruxes to the competition. Telenor has also hinted an acquisition shortly. With competition among major service providers heating up, such purchases in larger terms would create oligarchies, thereby curbing a competitive business scenario and the smaller players could be forced to exit.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com