Indian telecom sector consolidation in 24 months: Bharti Airtel

www.WirelessFederation.com/news: The profitability of the Indian telecom industry has been severely hurt due to price war raged between the telecom operators and a number of players trying to make money from this fastest growing industry in the world by number of users. But within 24 months, the telecom industry may undergo a process of consolidation.

The prediction has been made by Bharti Airtel Ltd. Chairman Sunil Bharti Mittal according to whom the country can sustain six to eight operators and not 14. He also expressed the need for more radio bandwidth for mobile companies in the country besides making it clear that  merger and acquisition policy is imminent and that will decide where this industry (goes)