India targets 4-5 telecom players, wants to revive BSNL, support Vodafone Idea: MoS Communications

Chandra Sekhar Pemmasani, Minister of State for Communications, said that India’s telecom duopoly was not a result of policy, but rather market realities driven by capital intensity. “The duopoly has not been created intentionally by anybody. Telecom requires massive capex,” Pemmasani said, adding that Reliance Jio and Bharti Airtel were able to deploy capital effectively, enabling them to expand deeply across the country. “Because of them, we were able to achieve the fastest 5G rollout in the world,” he added.

Speaking to CNBC-TV18 during the India…