Private competition gets Indians talking
Thursday, April 29, 2010
A decade ago Indians were burdened by high communication costs and dilapidated telecommunications infrastructure.
The state-backed monopoly, VSNL, was privatised and since then there has since been a flury of investment and innovation, all thanks to private competition. Over 500 million Indians now have mobile telephone subscriptions – in March 2010 alone, that number grew by a remarkable 20 million. Who says the private sector is incapable of meeting the needs of the poor? Not India’s mobile phone sector.