The combined Vodafone-Idea group will be India’s largest telecom operation with almost 400 million customers, or 35% market share.
J.S. Deepak’s transfer may have been prompted by his conflict with Reliance Jio and TRAI and reflects poorly on an already controversial, crony capitalism-prone sector.
Reliance Jio clearly wants to disrupt the market. But the question is whether such disruption will happen in a fair manner where no special advantage accrues to any one player.
The government has essentially backed itself into a corner after the attorney general’s opinion last month on the legality of levying a uniform spectrum usage charge.