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