Telecom industry in India is in a mess and it is a result of thinking that more the competition better it is, Vodafone India CEO & Managing Director Marten Pieters said today.
He also said that industry structure is a government responsibility ands he had seen “very little action” to change that, to take that responsibility.
“The telecom industry, if you look at it from international perspective is a mess in India … and it seems to come from this concept which have been developed in the past the more competition the better,” Pieters said at the Economist India Summit.
“The industry structure is a problem of the government because spectrum, which is our raw material is in a limited form available and if you get too many players than you get this problem where nobody has enough spectrum,” he said.
Pieters said in the past also during his discussions with the government, he raised the point about industry structure but the latter termed it as competitive growth.
Citing the example of China, he said there are three players which are very profitable, offer the lowest tariffs and have a far better infrastructure.