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Sankalp
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Comments by "Sankalp" (@sankalp6872) on "Collapse of Vodafone-Idea, how Govt of India scripted its telecom debacle u0026 won’t course-correct" video.
If this was in a UK court, it would have ruled "unjust enrichment" and thrown out this tax bill. However, Modi cannot afford Voda-Idea bankruptcy esp at a time when his re-election hinges on growth. Of course, there is the risk of adding Birla to the Ambani-Adani mix.
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@neeljavia2965 Merger with BSNL would not amount to saving. It will create a walking dead zombie. By saving, I meant reversal of these nonsensical AGR dues. However, the issue is that Airtel has paid many of its dues and is in a position to pay the rest. GoI is in no position to reimburse them. So the challenge would be finding a solution without being unfair to Airtel.
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Leftists blame capitalists for all of India's problems. The real criminal is Income Tax Dept and the associated bureaucracy. They are like greedy vultures feeding on upcoming industries. It's the classic case of killing the hen that lays golden eggs. Also, the simplest way to think about a spectrum is that it is a natural resource just like coal, petroleum, and ores. You buy mining rights to mine, similarly, you bid on spectrums to use it to deliver your services. Similarly, 2G, 3G, 4G, 5G can be imagined as various lanes of a highway.
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