政府在电信部门的到来是一种恩惠还是诅咒?
“政府不仅面临死亡的梦想的问题还需要集成的不同的文化,如果政府想要合并一个印度公司和全球公司文化、“Chandwani说。
Tele-Talk新鲜的花,深入分析和观点从受人尊敬的行业领导者
This certain telecom operator was on the verge of a collapse just a few months ago that had wreaked havoc in the sector. Thus, given the debilitating circumstances under which the government has come to rescue, a certain message by the government should be made clear. Through such a takeover, the government has proved that it solemnly wouldn\u2019t want the Indian telecom sector to become a duopoly. Here it is to be noted that the duopoly players could have been the Reliance Jio and the Airtel.
Having stated the government\u2019s response to the dying ambitions of the Vodafone, how did the market take the news? The market response, at best, can be described as disappointing and averse. This has been corroborated through Vodafone Idea\u2019s shares dipping by as much as 19% in early trade after the brutal announcement was made. This clearly suggests the market\u2019s subdued enthusiasm over the government\u2019s entry as a shareholder in the market.
But what could have led to such an averse and spooky behavior that was displayed by the market yesterday? It is to be noted that the market is emphatically asking a single question: was there really a need for the government to take over yet another telecom? History bears testimony to the fact that government-led organizations\u2019 are a euphemism that is used for an unattractive, unprofitable, and low on efficiency organization. Thus, various questions are being raised on the government\u2019s ability to steer the ship of Vodafone Idea. This also comes after the government-run BSNL performance that hasn\u2019t gone up the ladder of success for quite some time now.
Are such fears unwarranted?<\/strong>
But are such biased fears unwarranted? Many analysts would like to argue that this does not have to be the case. This is specifically due to the fact that such pessimism is unwarranted if the government will not meddle with the management of the Vodafone Idea.
In fact, many experts will also like to present the opinion that perhaps such a takeover will actually prove to be useful for the stakeholders. This can be beneficial for both Vodafone Idea and BSNL MTNL\u2019s subscriber base and the investors as a whole. There is a sound argument that if the two entities namely the BSNL and the Vodafone are merged, this could prove to be a timely profitable venture, especially with the arrival of the 5G era in the country. The pair can make a great match given BSNL\u2019s pan India wired coverage and the Vodafone Idea\u2019s wireless coverage. This could optimistically complement well each other and assist both the giants to make a competitive pair in the sector, giving the competition to the rivals Reliance Jio and Airtel.
What can materialize into a successful story is the realization of synergy gains that can be due to the act of asset sharing agreement on 2G, 4G & later 5G.this could emphatically prove to be successful as the two companies will have an effective chance to leverage each of their assets and use their customer base to expand. This will emphatically and significantly help Vodafone to clear off its balance sheet and avoid the interest costs by effectively and
strategically clearing the path for its profitability.
However, it is to be noted that everything is easier in the theory than on the ground level. This too is true for the situation of Vodafone in the telecom sector. It might be delightful to narrate the synergy gain analysis, but it is quite easier said than done. With the government having a seat at the management table, things can go fairly south, quite quickly, just as it had been anticipated to go up.
Where many are of the opinion that the government\u2019s takeover can be a worse remedy for a dying Vodafone, very few have their faith in the government\u2019s ability to turn the enterprise into a profitable venture. The government doesn\u2019t only face the problem of a dying dream but also of different cultures that need to be integrated if the government wants to amalgamate an Indian company and a global company culture.
The legality of the issue<\/strong>
It is to be noted that the telecom sector in India has come a long way since 1991. The 1990s are the times that remind us of the Monopoly of state-run MTNL, BSNL, that had captured the market. Such a scenario can be seen playing out even today with the threat of Reliance -Jio and Airtel to capture the market burgeoning every day. Though, many might argue that since JIO\u2019s inception Data prices have plummeted but given that it might be heading towards the monopoly position, such graces can in no time vanish.
Certain legality issue that has come to the fore, with the government\u2019s involvement in the sector. It refers to the government\u2019s role as a regulator and as a buyer and provider of service in the same sector. With the government governing the sector with its laws and regulations and also acting in the capacity of being an investor in the two largest telecom giants, can it be trusted to play fair and square? Certain analyst and experts have cast their doubts on the issue of the government playing two roles at once in a sector. Many fear that with increased inefficiency, the sector will also witness undue advantage through policies to nurture the same. Maybe the government will act responsibly, and the precedent will be set. But can such a motive be positively achieved; one has no choice but to be a bit dicey about it.
But who will be responsible for the funding?<\/strong>
Given the aforementioned fears and doubts that linger upon the leadership of the government, another unsettling fact has to be Vodafone\u2019s urgent requirement for funds to expand its network capabilities for the 5G era. Though the recent tariff hikes might have eased the arduous nature of the problem, this is a temporary solution for the short-term cash flow crunch. Given, Vodafone\u2019s odious conditions, it sure needs more than just a short-term CAPEX boost.
Thus, before Vodafone is made a success story, its empty hollow coffers of opportunities need to be filled with conviction, Capex, and strategy. Will the government be able to work in the favor of the Vodafone Idea\u2019s stakeholders and investors? Perhaps, it is something we\u2019ll have to wait and watch, as the next few months will prove to be highly critical for the telco\u2019s future.","blog_img":"","posted_date":"2022-01-17 07:59:01","modified_date":"2022-01-17 10:20:49","featured":"0","status":"Y","seo_title":"Is government's arrival in the telecom sector a boon or a curse for it?","seo_url":"is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it","url":"\/\/www.iser-br.com\/tele-talk\/is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it\/5199","url_seo":"is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it"}">
东西已经被印度政府承诺,没有分析师或专家预期。嗯,很多可能预期,也可能是制造特定的政治错误,这个瞬间,行动太过复杂和战略。印度政府,在最近的一次意外事件,已经进入了电信行业的电信运营商的股份。
这个特定的电信运营商在崩溃的边缘就在几个月前,在该行业造成了大破坏。因此,考虑到使人衰弱的情况下,政府来救,特定的信息由政府应该明确。通过这样的收购,政府已经证明,它庄严地不想让印度电信业成为双头垄断。这里要指出的是,双头垄断球员可能是依赖Jio和旅馆。
规定了政府应对死亡沃达丰的野心,市场把消息如何?乐动扑克市场的反应,在最好的情况下,可以被描述为令人失望和厌恶。这已经被证实了沃达丰的想法的股票在早盘交易中浸渍高达19%后残酷的公告。这清楚地表明市场的低迷的热情在政府的条目在市场上作为股东。
但可能导致这样的厌恶和怪异的行为,昨天显示的市场吗?要着重指出,市场是问一个问题:确实需要政府来接管另一个电信?历史证明这样一个事实,即政府主导的组织的使用委婉语,对于一个缺乏吸引力,无利可图,和低效率的组织。因此,各种问题被提出了政府引导船沃达丰的想法的能力。这也是之前,政府运作BSNL性能,并没有成功的阶梯很长一段时间了。
这样的担心是多余的吗?
但是这种偏见的担心是多余的吗?想许多分析人士认为,不需要这样。这是由于这样的悲观主义是毫无根据的,如果政府不干涉的管理沃达丰的想法。
事实上,许多专家认为也许也会像现在这样的收购利益相关者会被证明是有用的。这可能是有益的对沃达丰的想法和BSNL MTNL的用户数和投资者作为一个整体。有一个合理论证,如果两个实体即BSNL和沃达丰(Vodafone)合并,这可能证明是一个及时的盈利的风险,尤其是5 g时代的到来。可以使一个伟大的一对匹配给定BSNL锅印度有线覆盖和沃达丰(Vodafone)想法的无线覆盖。这可能会乐观地相互补好,协助两巨头让一对竞争领域,让竞争对手Jio和Airtel的依赖。
可以实现成一个成功的故事是协同收益的实现,可以由于资产共享协议2 g, 4 g &后5克。着重这可能被证明是成功的因为这两家公司将有一个有效的机会利用他们的资产和使用他们的客户群扩大。这将着重和显著帮助沃达丰清理其资产负债表,避免有效和利息成本
清算战略路径的盈利能力。
然而,在理论指出,事情就会更容易比在地面上。这也适用于沃达丰电信部门的情况。这可能是令人愉快的叙述协同增益分析,但它是说起来容易做起来难。与政府在管理市场占有一席之地,事情可以相当南,很快,就像没有预期的上升。
,许多人认为政府的收购可能是一个更糟糕的治疗垂死的沃达丰,很少有他们相信政府有能力把企业变成一个盈利的企业。政府不仅面临的问题一个垂死的梦想,但也需要集成的不同的文化,如果政府想要合并一个印度公司和全球公司文化。
的合法性问题
要指出的是,电信行业在印度自1991年以来已经走过了漫长的道路。1990年代是《纽约时报》,提醒我们国营垄断的MTNL BSNL,占领了市场。这种情况下可以看到即使在今天上演的威胁依赖-Jio每天Airtel捕捉市场蓬勃发展。许多可能认为,自从JIO初始数据价格下跌但鉴于可能走向垄断地位,这样的关系可以很快消失。
某些合法性问题脱颖而出,与政府的参与部门。它指的是政府监管机构的角色和作为一个买家和供应商的服务在同一部门。与政府管理部门的法律、法规以及表演的能力在两大电信巨头,一个投资者可以信任的公平和广场吗?某些分析师和专家在这个问题上他们怀疑政府的部门同时扮演两个角色。与低效率增加,很多人担心该行业还将见证不正当优势通过策略培养相同的。也许政府会采取负责任的行动,将先例。但是这样的动机可以积极实现;一个别无选择有点冒险。
但谁将负责资金呢?
鉴于上述恐惧和疑虑,徘徊在政府的领导,另一个令人不安的事实是沃达丰的迫切要求资金来扩大其网络功能的5 g的时代。虽然最近的税率可能会缓解了艰巨的问题的本质,这是一个临时解决方案的短期现金流危机。,沃达丰的可憎的条件,肯定需要的不仅仅是一个短期的资本支出增加。
因此,沃达丰(Vodafone)是一个成功的故事之前,其空空心金库的机会需要充满信心,资本支出和策略。政府能够有利于沃达丰想法的利益相关者和投资者呢?也许,这是我们必须等等看,未来几个月将被证明是高度对电信的未来至关重要。
这个特定的电信运营商在崩溃的边缘就在几个月前,在该行业造成了大破坏。因此,考虑到使人衰弱的情况下,政府来救,特定的信息由政府应该明确。通过这样的收购,政府已经证明,它庄严地不想让印度电信业成为双头垄断。这里要指出的是,双头垄断球员可能是依赖Jio和旅馆。
规定了政府应对死亡沃达丰的野心,市场把消息如何?乐动扑克市场的反应,在最好的情况下,可以被描述为令人失望和厌恶。这已经被证实了沃达丰的想法的股票在早盘交易中浸渍高达19%后残酷的公告。这清楚地表明市场的低迷的热情在政府的条目在市场上作为股东。
但可能导致这样的厌恶和怪异的行为,昨天显示的市场吗?要着重指出,市场是问一个问题:确实需要政府来接管另一个电信?历史证明这样一个事实,即政府主导的组织的使用委婉语,对于一个缺乏吸引力,无利可图,和低效率的组织。因此,各种问题被提出了政府引导船沃达丰的想法的能力。这也是之前,政府运作BSNL性能,并没有成功的阶梯很长一段时间了。
这样的担心是多余的吗?
但是这种偏见的担心是多余的吗?想许多分析人士认为,不需要这样。这是由于这样的悲观主义是毫无根据的,如果政府不干涉的管理沃达丰的想法。
事实上,许多专家认为也许也会像现在这样的收购利益相关者会被证明是有用的。这可能是有益的对沃达丰的想法和BSNL MTNL的用户数和投资者作为一个整体。有一个合理论证,如果两个实体即BSNL和沃达丰(Vodafone)合并,这可能证明是一个及时的盈利的风险,尤其是5 g时代的到来。可以使一个伟大的一对匹配给定BSNL锅印度有线覆盖和沃达丰(Vodafone)想法的无线覆盖。这可能会乐观地相互补好,协助两巨头让一对竞争领域,让竞争对手Jio和Airtel的依赖。
可以实现成一个成功的故事是协同收益的实现,可以由于资产共享协议2 g, 4 g &后5克。着重这可能被证明是成功的因为这两家公司将有一个有效的机会利用他们的资产和使用他们的客户群扩大。这将着重和显著帮助沃达丰清理其资产负债表,避免有效和利息成本
清算战略路径的盈利能力。
然而,在理论指出,事情就会更容易比在地面上。这也适用于沃达丰电信部门的情况。这可能是令人愉快的叙述协同增益分析,但它是说起来容易做起来难。与政府在管理市场占有一席之地,事情可以相当南,很快,就像没有预期的上升。
,许多人认为政府的收购可能是一个更糟糕的治疗垂死的沃达丰,很少有他们相信政府有能力把企业变成一个盈利的企业。政府不仅面临的问题一个垂死的梦想,但也需要集成的不同的文化,如果政府想要合并一个印度公司和全球公司文化。
的合法性问题
要指出的是,电信行业在印度自1991年以来已经走过了漫长的道路。1990年代是《纽约时报》,提醒我们国营垄断的MTNL BSNL,占领了市场。这种情况下可以看到即使在今天上演的威胁依赖-Jio每天Airtel捕捉市场蓬勃发展。许多可能认为,自从JIO初始数据价格下跌但鉴于可能走向垄断地位,这样的关系可以很快消失。
某些合法性问题脱颖而出,与政府的参与部门。它指的是政府监管机构的角色和作为一个买家和供应商的服务在同一部门。与政府管理部门的法律、法规以及表演的能力在两大电信巨头,一个投资者可以信任的公平和广场吗?某些分析师和专家在这个问题上他们怀疑政府的部门同时扮演两个角色。与低效率增加,很多人担心该行业还将见证不正当优势通过策略培养相同的。也许政府会采取负责任的行动,将先例。但是这样的动机可以积极实现;一个别无选择有点冒险。
但谁将负责资金呢?
鉴于上述恐惧和疑虑,徘徊在政府的领导,另一个令人不安的事实是沃达丰的迫切要求资金来扩大其网络功能的5 g的时代。虽然最近的税率可能会缓解了艰巨的问题的本质,这是一个临时解决方案的短期现金流危机。,沃达丰的可憎的条件,肯定需要的不仅仅是一个短期的资本支出增加。
因此,沃达丰(Vodafone)是一个成功的故事之前,其空空心金库的机会需要充满信心,资本支出和策略。政府能够有利于沃达丰想法的利益相关者和投资者呢?也许,这是我们必须等等看,未来几个月将被证明是高度对电信的未来至关重要。
免责声明:作者的观点仅和ETTelecom.com不一定订阅它。乐动体育1002乐动体育乐动娱乐招聘乐动娱乐招聘乐动体育1002乐动体育ETTelecom.com不得负责任何损害任何个人/组织直接或间接造成的。
This certain telecom operator was on the verge of a collapse just a few months ago that had wreaked havoc in the sector. Thus, given the debilitating circumstances under which the government has come to rescue, a certain message by the government should be made clear. Through such a takeover, the government has proved that it solemnly wouldn\u2019t want the Indian telecom sector to become a duopoly. Here it is to be noted that the duopoly players could have been the Reliance Jio and the Airtel.
Having stated the government\u2019s response to the dying ambitions of the Vodafone, how did the market take the news? The market response, at best, can be described as disappointing and averse. This has been corroborated through Vodafone Idea\u2019s shares dipping by as much as 19% in early trade after the brutal announcement was made. This clearly suggests the market\u2019s subdued enthusiasm over the government\u2019s entry as a shareholder in the market.
But what could have led to such an averse and spooky behavior that was displayed by the market yesterday? It is to be noted that the market is emphatically asking a single question: was there really a need for the government to take over yet another telecom? History bears testimony to the fact that government-led organizations\u2019 are a euphemism that is used for an unattractive, unprofitable, and low on efficiency organization. Thus, various questions are being raised on the government\u2019s ability to steer the ship of Vodafone Idea. This also comes after the government-run BSNL performance that hasn\u2019t gone up the ladder of success for quite some time now.
Are such fears unwarranted?<\/strong>
But are such biased fears unwarranted? Many analysts would like to argue that this does not have to be the case. This is specifically due to the fact that such pessimism is unwarranted if the government will not meddle with the management of the Vodafone Idea.
In fact, many experts will also like to present the opinion that perhaps such a takeover will actually prove to be useful for the stakeholders. This can be beneficial for both Vodafone Idea and BSNL MTNL\u2019s subscriber base and the investors as a whole. There is a sound argument that if the two entities namely the BSNL and the Vodafone are merged, this could prove to be a timely profitable venture, especially with the arrival of the 5G era in the country. The pair can make a great match given BSNL\u2019s pan India wired coverage and the Vodafone Idea\u2019s wireless coverage. This could optimistically complement well each other and assist both the giants to make a competitive pair in the sector, giving the competition to the rivals Reliance Jio and Airtel.
What can materialize into a successful story is the realization of synergy gains that can be due to the act of asset sharing agreement on 2G, 4G & later 5G.this could emphatically prove to be successful as the two companies will have an effective chance to leverage each of their assets and use their customer base to expand. This will emphatically and significantly help Vodafone to clear off its balance sheet and avoid the interest costs by effectively and
strategically clearing the path for its profitability.
However, it is to be noted that everything is easier in the theory than on the ground level. This too is true for the situation of Vodafone in the telecom sector. It might be delightful to narrate the synergy gain analysis, but it is quite easier said than done. With the government having a seat at the management table, things can go fairly south, quite quickly, just as it had been anticipated to go up.
Where many are of the opinion that the government\u2019s takeover can be a worse remedy for a dying Vodafone, very few have their faith in the government\u2019s ability to turn the enterprise into a profitable venture. The government doesn\u2019t only face the problem of a dying dream but also of different cultures that need to be integrated if the government wants to amalgamate an Indian company and a global company culture.
The legality of the issue<\/strong>
It is to be noted that the telecom sector in India has come a long way since 1991. The 1990s are the times that remind us of the Monopoly of state-run MTNL, BSNL, that had captured the market. Such a scenario can be seen playing out even today with the threat of Reliance -Jio and Airtel to capture the market burgeoning every day. Though, many might argue that since JIO\u2019s inception Data prices have plummeted but given that it might be heading towards the monopoly position, such graces can in no time vanish.
Certain legality issue that has come to the fore, with the government\u2019s involvement in the sector. It refers to the government\u2019s role as a regulator and as a buyer and provider of service in the same sector. With the government governing the sector with its laws and regulations and also acting in the capacity of being an investor in the two largest telecom giants, can it be trusted to play fair and square? Certain analyst and experts have cast their doubts on the issue of the government playing two roles at once in a sector. Many fear that with increased inefficiency, the sector will also witness undue advantage through policies to nurture the same. Maybe the government will act responsibly, and the precedent will be set. But can such a motive be positively achieved; one has no choice but to be a bit dicey about it.
But who will be responsible for the funding?<\/strong>
Given the aforementioned fears and doubts that linger upon the leadership of the government, another unsettling fact has to be Vodafone\u2019s urgent requirement for funds to expand its network capabilities for the 5G era. Though the recent tariff hikes might have eased the arduous nature of the problem, this is a temporary solution for the short-term cash flow crunch. Given, Vodafone\u2019s odious conditions, it sure needs more than just a short-term CAPEX boost.
Thus, before Vodafone is made a success story, its empty hollow coffers of opportunities need to be filled with conviction, Capex, and strategy. Will the government be able to work in the favor of the Vodafone Idea\u2019s stakeholders and investors? Perhaps, it is something we\u2019ll have to wait and watch, as the next few months will prove to be highly critical for the telco\u2019s future.","blog_img":"","posted_date":"2022-01-17 07:59:01","modified_date":"2022-01-17 10:20:49","featured":"0","status":"Y","seo_title":"Is government's arrival in the telecom sector a boon or a curse for it?","seo_url":"is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it","url":"\/\/www.iser-br.com\/tele-talk\/is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it\/5199","url_seo":"is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it"},img_object:["","retail_files/author_1607509323_86914.jpg"],fromNewsletter:"",newsletterDate:"",ajaxParams:{action:"get_more_blogs"},pageTrackingKey:"Blog",author_list:"Sonam Chandwani",complete_cat_name:"Blogs"});" data-jsinvoker_init="_override_history_url = "//www.iser-br.com/tele-talk/is-government-s-arrival-in-the-telecom-sector-a-boon-or-a-curse-for-it/5199";">
Sonam Chandwani
管理合伙人,KS法律& AssociatesSonam Chandwani KS的管理合伙人法律& Associates和正面的公司诉讼实践。她专门从事商业建筑,商业显示更多…
