The telecom sector in India is unique because more than 14 telecom operators compete neck-to-neck to grab market share while offering similar services. With subscription to services increasing sequentially for all companies even as spectrum licenses remain capped, the only choice was to play the tariff card.
Over time, prices hit rock-bottom but demand for quality service remained. Then came the 3G wave that washed all the money off the companiesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
