Opinion | India’s telecom story is not as unique as made out to be4 min read 26 Feb 2020, 11:20 PM IST
Though seen as an outlier, the sector’s rapid growth and recent fall were part of a global pattern
Even as India’s telecom sector reels from a series of body blows, one of the narratives that has gained currency is of a glorious past devastated by hostile forces. In this nostalgia-infused tale, India is the shining outlier that rapidly built telecom capacity over the last 15 years. Its recent setbacks, highlighted with red ink across balance sheets, is the result of local disturbances, anaemic profitability and poor growth.
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