Telecom: Golden goose or ugly duck?

The entire business model and survival of telecom operators is based on the licence and spectrum issued by the government. Spectrum is a scarce natural resource. Its price should not only be attributed to the benefits it brings to telecom operators, but even future gains such as socioeconomic growth of the country, impact on tele-density, better coverage and inclusive growth. However, the government's decision to price spectrum extraordinarily high is not in tandem with these goals.

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