The Indian government has an opportunity to restart the telecom sector. Will it come through?
Three years and $3.1 billion dollars after starting operations in India, MTS—easily India’s loneliest, though pluckiest mobile operator—has managed to add roughly 15 million subscribers.
That gives it a market share of 1.68 percent of India’s 893 million-strong wireless subscriber base. Worse, it must service these customers using a pitiful 2.5 MHz of spectrum—the least among all operators across the country.
(This story appears in the 02 March, 2012 issue of Forbes India. To visit our Archives, click here.)