1. Current Market dynamics of Telecom industry is completely different from what it was in 2001. You can't have a comparison of 2001 Policy with current policy. It should evolve! (Mobile subscribers in Dec-2001 was 3.4 Million and in Dec-2008 is 346.9 Million and estimated count by end of 2009 is 450 Million!!) 2. (For argument sake) Even if the previous govt in 2001 had drafted a wrong policy, Dayanidhi Maran of UPA1 or Raja of UPA2 could have fixed or corrected the policy. So investigate even Maran's role. 3. How can Raja give such lame excuse saying he was just following the footsteps of previous Govt., is this what UPA doing for last 8 or 9 years of rule after BJP's exit...??
Re: Its basic common sense...
by Suprasanna Bhat on Dec 09, 2010 07:49 PM
contd...just take a simple revenue calculation...consider that each subscriber would spend an min. average of Rs.100 per month (Pessimistic minimum assumption)...then 450 Million (or 45 Crores) * 100 = Rs.4500 Crores (or Rs. 45 Billion) per MONTH i.e. Rs.54000 Crores (Rs. 540 Billion) per ANNUM for the entire Telecom Industry. Consider 10% (Pessimistic?) of the revenue as PROFIT...then it is Rs. 540 Crores (5.4 Billion) Profit in 2009.
Per ANNUM Year - Subscribers - Revenue - Profit (~10% of Revenue) 2009 - 450 Million - Rs.54000 Crores - Rs.540 Crores 2001 - 3.4 Million - Rs.408 Crores - Rs.40.8 Crores
This silly calculation does not consider the inflation adjusted value, the investment made by the industry. In any case, the credibility of 2009 calculation is more compared to 2001 Calculation...which means, the 2001 Profit could be NEGATIVE (for the huge initial investment in Infrastructure, the revenue generated will be insufficient to sustain). No industry can survive without perks and tax holidays during its initial days...!!
Re: Re: Its basic common sense...
by Hebbar R on Dec 10, 2010 10:07 AM
Rightly said. The UPA has changed so many Laws where it was suitable and vote getting for themselves. Important laws to contain terrorism have been changed/totally dropped. But, only Telecom issue is being followed. If now the Congress says that the BJP was also involved in the past, why did the Congress not change policy when they took over power? Why did they not prosecute the BJP Minister involved then? Why are they talking about it only now?
Re: UPA's Committee will favour only UPA...
by Kumarapuram Sadasivan on Dec 09, 2010 07:25 PM
One cannot trust Government appointed Committees like the Sachar Commission etc,though a particular Community may be poor.But the majority Hindus are also poor....
