7 Quotes by Kobita Desai
- Author Kobita Desai
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Major overseas telecom players are increasingly looking beyond their home markets in the face of flat growth.
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Having these two companies on your board has benefits but it is a challenge to work with multiple partners. Both want a presence in a fast-growing market and achieving their aims will require good management. It is definitely something to watch for.
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Normally when such (foreign investment) agreements are spelt out, there are some fundamental control factors or check mechanisms that are implemented. So, while directly a foreign investor may not get management control, the conditions within the agreement and check mechanism ensure that a foreign investor has sufficient control on operations and finance.
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Affordable services, increased penetration, and a willing Indian government would ensure and drive this kind of growth.
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The mobile phone market will see a growth of over 50 percent year-on-year in the next two years. The industry will have 125 million subscribers by the current year end.
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There will be an influx of funds as global investment communities and carriers look toward increasing their shareholder value by investing in India's growth.
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The increase in service tax means you pay more now. It adds up to a lot for entry-level users. Any escalation like this affects the end-user directly.
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