Most of the telecom analysts ,industry veterans are saying since long time that telecom industry in India has to consolidate and it will.
But , no one knows when exactly it is gonna happen , because one can say that since last 2 -3 years telecom industry in India is at its worst times. Reasons were many like over regulated market by Govt. , cost of operations because of auctions of BW and of course stiff non sustainable competition.
Losses by operators on balance sheet are getting more and more. ( Feels like It could be hard time for CAs and finance dept. of operators to manipulate the numbers and make balance sheet looks better for Stocks markets.)
So , one of the way forward is as everyone is saying CONSOLIDATION !!! . But how this will happen is very difficult to say, because most of the companies are promoted by Big corporate families.
No business house is willing to leave this pie of telecom in their portfolio. Measure reason may be there traditional approach towards business or they still feel that we can revive and still there is money.
Other , reason is foreign operators are also not willing to leave because they have invested much amount and will be difficult to write off the same and other is its too difficult to sale the spectrum and go away because of M & A norms by government.
Other , reason is foreign operators are also not willing to leave because they have invested much amount and will be difficult to write off the same and other is its too difficult to sale the spectrum and go away because of M & A norms by government.
Good vision.. thats happening now in 2016-17...
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