India must eschew unnecessary secrecy and let operators choose their technology
You have to understand this is a business that requires billions of dollars in investments before there is even any hope of a positive EBITDA,” says Vsevolod Rozanov, president and CEO, MTS.
One of the biggest obstacles faced by operators when it comes to breaking even is cost of spectrum, especially when acquired through auctions. In India, spectrum is expensive, scarce and unpredictable. Those need to be changed for operators to be able to innovate around long-term investment plans.
(This story appears in the 02 March, 2012 issue of Forbes India. To visit our Archives, click here.)