Tuesday, Jul 14, 2020 | Last Update : 10:28 AM IST

112th Day Of Lockdown

Maharashtra26992414450710482 Tamil Nadu142798925672032 Delhi113740913123411 Gujarat42808298062056 Karnataka4158116249759 Uttar Pradesh3813024203955 Telangana3622123679365 West Bengal3144819213956 Andhra Pradesh3110316464365 Rajasthan2493618630518 Haryana2192916637308 Madhya Pradesh1820713208653 Assam178081141741 Bihar1742112364125 Odisha13737925591 Jammu and Kashmir108276095179 Kerala8323425732 Punjab81785586199 Chhatisgarh4265320219 Jharkhand3963235131 Uttarakhand3608285647 Goa2583154014 Tripura209314752 Manipur16269700 Puducherry146878518 Himachal Pradesh124392710 Nagaland8453400 Chandigarh5884238 Arunachal Pradesh3871452 Meghalaya316462 Mizoram2331510 Sikkim166870
  Business   In Other News  31 Mar 2017  No leniency for Vodafone-Idea merger: DoT

No leniency for Vodafone-Idea merger: DoT

THE ASIAN AGE.
Published : Mar 31, 2017, 2:27 am IST
Updated : Mar 31, 2017, 6:39 am IST

Sinha said that guidelines are in place to ensure that a single operator does not have a dominant position.

Telecom Minister Manoj Sinha
 Telecom Minister Manoj Sinha

New Delhi: Telecom minister Manoj Sinha on Thursday said that there is no danger of cartelisation in the sector despite the ongoing consolidation. The minister pointed out that even after merger and acquisitions there will still be  5-6 players in each circle.

Mr Sinha said that guidelines are in place to ensure that a single operator does not have a dominant position. “Here there were many players. Where competition is concerned as long as there is BSNL, competition will be ensured. After consolidation also, 5-6 players in each of the service areas will remain, so there cannot be cartelisation,” he said.

The minister pointed out global norm of 4-5 players across telecom markets.

Moreover, Mr Sinha said that necessary guidelines in the form of revenue, subscriber and spectrum caps are already in place to ensure a healthy competition. “We already have guidelines in terms of 50 per cent revenue, and 50 per cent customers cap. Spectrum cap is also there. So, to ensure a healthy competition in the sector, necessary precautions are already in place. There is no danger of cartelisation,” he said.

However, Mr Sinha said Vodafone and Idea will not get any special treatment post-merger and the combined entity will have to comply with existing rules on revenue, subscriber and spectrum caps. He also said if the merging entities do not adhere to the rules, they would not be allowed to proceed.

Analysts have pointed out certain hurdles in the deal, including breach of revenue market share, subscriber and spectrum caps in five markets.

“That in the next one year, if your revenue or subscriber numbers are more they will have to reduce. They will have to comply,” Mr Sinha said.

Tags: manoj sinha, idea vodafone merger, bsnl