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There is a cause for alarm, and some Indians do see that as a threat. Right now, Indian society is caught in a deep web of fake news, false narratives, and the
by ankit219 6y ago
There is a cause for alarm, and some Indians do see that as a threat. Right now, Indian society is caught in a deep web of fake news, false narratives, and the conflating of what the govt is, what the nation is, and the difference between the two. Many competitors have raised a lot of questions about how Jio did not follow the rules (there are a lot to link) the basic one being a rule about giving free plans for more than three months (which was not allowed by TRAI - Indian telecom regulatory authority - previously). but nothing happened, and people were happy with free internet. A lot of these issues are buried under loads of information on the many 24 hour news channels (two of them owned by Mukesh Ambani himself) and then the web of Whatsapp and other online social media helping to shape a narrative.
Then there is an average indian feeling pride about how Jio is able to attract such investments. So, some of us may have considered it, and would have spoken about it, but a lot are not really aware. When people do speak against these, they are usually tagged as cynical or contrarian because speaking against a public figure in India is sometimes considered speaking against India.
P.S. Sorry for being so vague, but this requires a lot of context to ascertain why it is this way. I dont blame whatsapp or Facebook, just that we are a vulnerable bunch and usually believe what we want to believe.
- kamaal 6y agoMost Indians care only about the cheapest workable plan, product, service, while making a purchase. It's not about Jio, it's about the 500 rupees free call, free SMS, free 4G plans. As long as Jio offers it they'll use it. They'll drop it as soon as something cheaper comes around. Mukesh Amabani, is mostly raising money because he had simply too much debt, and he is also getting old. It could also be a part of larger succession planning. His kids are not that much hands-on into business as much as he was with his father. It makes sense to have a Tata Sons Trust like scenario where professional managers runs the companies while the companies are owned through a holding trust owned by his children. The experiment with Anil Ambani's mismanagement and the state he has left his business is a lesson for Mukesh to not let it repeat with his own children.
- _jgdh 6y ago> They'll drop it as soon as something cheaper comes around. My bet - nothing cheaper comes along. Because Reliance's biggest competitive advantage is close links with the government, regardless of the party in power. A hypothetical competitor would find it difficult to get spectrum allocated, have trouble with land usage rights, tax issues like Vodafone had. There is a reason foreign companies set up joint ventures with Reliance, Tata, Birla etc. Ostensibly it's because these companies "understand" the Indian market. In reality, it's because they have spent decades "lobbying" political parties and will continue doing so for several decades more. A company like Sky wouldn't know how to get started with political lobbying, wouldn't be comfortable with outright bribery, can't make a long term commitment to staying in India. So they set up Tata Sky - they supply the tech, Tata supplies the connections.
- baybal2 6y agoOh, this is coming quite out of the blue. A few passing birdies told me that Sundarajan was far more enthusiastic about China, then India, and that he had quite some amount of aversion to his home market.
- sbmthakur 6y ago> Many competitors have raised a lot of questions about how Jio did not follow the rules (there are a lot to link) the basic one being a rule about giving free plans for more than three months (which was not allowed by TRAI - Indian telecom regulatory authority - previously). but nothing happened, and people were happy with free internet. These competitors are the same companies who had 'cartelized' the telecom industry[0] and had refused to bring down data prices in order to ensure their profits. I wonder why questions weren't raised against TRAI back then. Once Jio entered the scene, they did bring down the prices. 0. https://www.counterview.net/2016/09/top-telecom-cartes-airtel-vodafone-idea.html?m=1 https://www.counterview.net/2016/09/top-telecom-cartes-airte...