The steep growth in the number of mobile telephone connections is often cited in public discourse as a visible sign of India's contemporary economic growth and de velopment. The ubiquitous mobile phone has enabled thousands of self-employed individuals to run their businesses with low overheads. Yet, according to Ashok Desai, eminent economist and columnist, the Indian telecommunications industry is a cozy oligopoly that may, if left un checked, become a monopoly with adverse consequences for social welfare. His core argument is that the present telecom policy and regulatory structure favour the growth (in size) of individual networks. Desai argues that it actually makes sense for a given consumer to have a separate con nection on each network because of the pricing policies of the existing players that make calls within the network much cheaper than those from one network to another.
|Journal||Current Science Association|