Versuchen GOLD - Frei
No fresh cash infusion for Vi, telcos doing better: Scindia
Mint Hyderabad
|April 23, 2025
By July, BSNL will install all 100,000 towers. We will then measure the quality of services. Jyotiraditya Scindia Union communications minister
The Centre is not considering any further equity infusion in Vodafone Idea after conversion of the company's dues worth ₹36,950 crore into equity. In an interaction with Mint, Union communications minister Jyotiraditya Scindia also said there are no plans to merge the company with state-owned BSNL. On the broader sector, Scindia, who is set to complete one year as minister in the government, said that operators have reached a level of healthy bottom lines and have higher average revenue per user (Arpu), following previous relief measures from the government.
Edited excerpts:
Two players are aggressively increasing their market share. Do you think the telecom sector is moving towards a duopoly?
At the end of the day, the customer has to have a choice. The fact is that we do have four players in India. Across the world, there is probably not even a handful of countries that have four players working in the market. In any market, there are a few major players and a few minor players.
That is the nature of any fiercely competitive industry. The fact is that the market itself provides the choice, and it is not the government that is providing the market with the choice.
There are millions of customers on Vodafone Idea and BSNL networks and the government has not mandated them to be on their network.
The government has stakes in two companies—BSNL and Vodafone Idea. Isn't that inefficient in some way?
Diese Geschichte stammt aus der April 23, 2025-Ausgabe von Mint Hyderabad.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Hyderabad
Mint Hyderabad
Do tariffs work?
With trade tensions between the US and China flaring up again, the spotlight is on how their game of mutually assured disruption plays out.
1 min
October 22, 2025

Mint Hyderabad
Keppel buys 49% in Cleantech, takes control
cation,” a Shell spokesperson said in an emailed response.
1 mins
October 22, 2025
Mint Hyderabad
CCI clears Torrent's JB stake buy proposal
Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Torrent Pharmaceuticals Ltd's proposed acquisition of a stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications offered by the companies.
1 min
October 22, 2025
Mint Hyderabad
'Balanced India-US portfolios fared better'
Saurabh Mukherjea has a simple message for investors in Indian equities: it's time to look beyond. The chief investment officer and co-founder of Marcellus Investment Managers believes that with jobs in India drying up due to the US tariffs, consumption slowdown and tepid corporate earnings, it “will be tough for a market already trading at record-high valuations to move any further”.
2 mins
October 22, 2025

Mint Hyderabad
NITI Aayog proposes new panel to supercharge net-zero push
India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.
1 mins
October 22, 2025

Mint Hyderabad
The Jio tariff hike everyone expected isn't coming—yet
The company has instead chosen to grow revenue by driving users to consume more data
2 mins
October 22, 2025
Mint Hyderabad
Reliance seeks to buy Middle East oil
Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.
1 min
October 22, 2025
Mint Hyderabad
Deloitte's AI debacle in Australia isa warning for all early adopters
That a report riddled with AI hallucinations was sent to a government should be a wake-up call
3 mins
October 22, 2025
Mint Hyderabad
Jio-BP’s Q2 petrol, diesel sales up 34%
Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.
1 min
October 22, 2025
Mint Hyderabad
Recent Nobel prizes for economics seem rich in irony
This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for having explained innovation-driven economic growth,” with one half to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”
3 mins
October 22, 2025
Listen
Translate
Change font size