Given that no single player has acquired a pan-India 3G spectrum, it is CRISIL’s belief that the process of consolidation will be hastened. “There could a situation wherein we could see larger telcos acquiring the smaller ones in order to achieve growth in the next three to four years, eventually bringing down the number of players in the sector from twelve to seven or eight. In addition to this, there will be significant pressure on profitability and the need to gain scale would induce players without 3G spectrum and new entrants to actively look at merging,”
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3 G auction will change telecom scene in India
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