The government is correct in its insistence that cellular telephony remain a four-player market with state-run BSNL<\/a>. Increased concentration would become difficult to reverse if Vodafone Idea keeps losing subscriber market share. Competitive intensity has kept India's telecom tariffs among the lowest in the world even as the government priced spectrum above other countries. Market concentration among players provisioning the nation's digital backbone will remain a concern for the government as long as it seeks high upfront fees for radio frequency. Lower fees by themselves would improve competition in the industry<\/a> but that is not a path policymakers want in their wisdom to embark upon.
Lifelines like those extended to Vodafone Idea, and turnaround plans like those for BSNL, however, effectively lower the spectrum fee realisation. These also require greater intervention by the state, thereby affecting market efficiency. Further, higher upfront fees delay technology adoption and dampen tax revenue. Finally, it adds to moral hazard for the government to get out of business. Vodafone Idea finds itself in its current situation in part by following shifting policy contours. Clarity over the right price of spectrum will help it, and the industry.
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观点:在GoI沃达丰的想法,需要一个朋友
GoI,决定将沃达丰想法的应计利息转化为股权,现在必须持有公司的合资伙伴帐户承诺注资。电信公司的最大股东,这将有更大的话语权资本提出的发起人将部署逮捕用户流失,加速5 g网络推广。
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GoI,决定把沃达丰的想法应计利息为股权,现在必须持有公司的合资伙伴帐户承诺注资。电信公司的最大股东,这将有更大的话语权资本提出的发起人将逮捕用户流失,加快部署5 g网络推出。估计沃达丰(Vodafone)想法需要一个股本注入三倍的负债产权交换为了游戏在4 g和5克。延迟政府生命线沃达丰的想法可以说服银行一些现有债务进行再融资,但视新股本注入新的贷款。时间紧迫的竞争对手依赖Jio和Bharti Airtel尝试在世界上最快的5 g网络推广。
政府是正确的在坚持以国营jefferson正是蜂窝电话仍然是一个市场BSNL。浓度增加将成为难以扭转如果沃达丰想法不断失去用户市场份额。印度电信竞争强度一直关税世界上最低的之一,即使政府定价范围高于其他国家。市场集中度在玩家提供的数字骨干仍将是关心政府只要寻求高射频前期费用。更低的费用本身就提高的竞争行业但这并不是一条政策制定者想要智慧的开始。
生命线像那些扩展到沃达丰的想法,和BSNL周转计划类似,然而,有效降低频谱费用实现。这些还需要更大的国家干预,从而影响市场效率。此外,较高的前期费用延迟技术采用和降低税收。最后,它为政府增加了道德风险的业务。沃达丰想法发现自己的现状在一定程度上遵循转移政策的轮廓。清晰的光谱的合适的价格将帮助它,和这个行业。
政府是正确的在坚持以国营jefferson正是蜂窝电话仍然是一个市场BSNL。浓度增加将成为难以扭转如果沃达丰想法不断失去用户市场份额。印度电信竞争强度一直关税世界上最低的之一,即使政府定价范围高于其他国家。市场集中度在玩家提供的数字骨干仍将是关心政府只要寻求高射频前期费用。更低的费用本身就提高的竞争行业但这并不是一条政策制定者想要智慧的开始。
生命线像那些扩展到沃达丰的想法,和BSNL周转计划类似,然而,有效降低频谱费用实现。这些还需要更大的国家干预,从而影响市场效率。此外,较高的前期费用延迟技术采用和降低税收。最后,它为政府增加了道德风险的业务。沃达丰想法发现自己的现状在一定程度上遵循转移政策的轮廓。清晰的光谱的合适的价格将帮助它,和这个行业。
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