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3G in India: No easy path for foreign telecoms

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    • Reuters Tags : Posted: Monday , Sep 22, 2008 at 1222 hrs
    Foreign telecom firms could gain access to India's booming mobile market through a global auction of 3G licences.

    "Foreign players have a deep pocket. But clearly the existing Indian operators have an overlay," said Alok Shende, principal analyst at Accendia Consulting.

    "But something one should understand. They have the licence for 20 years, not for 2-3 years. So it's not that they have to make all the money tomorrow."

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