Advertisement

Help
You are here: Rediff Home » India » Business » Slide Shows
Search:  Rediff.com The Web
India is the world's fastest-growing mobile services market, attracting foreign firms including Vodafone and SingTel, which has a stake in leader Bharti Airtel.
 
      Discuss  |          Email   |         Print  |  Get latest news on your desktop
Back  |  Next
If Sunil Mittal does not succeed...

When the government finally decided to relax the restrictions on CDMA players by allowing them to pay a licence fee equivalent to what GSM players paid plus a fine, Mittal understood the futility of further opposition and promptly agreed.

As the largest private mobile service provider by then, he could afford such generosity of spirit.

He cut short a holiday in December 2003 to fly back to Delhi and convince all the other GSM operators to accept the solution and withdraw court cases.  Most of the GSM operators had no choice but to say yes, though privately many of them wanted to continue the battle.

Powered by

Image: India is the world's fastest-growing mobile services market, attracting foreign firms including Vodafone and SingTel, which has a stake in leader Bharti Airtel.
Photograph: Vijay Mathur/Reuters
Also read: 7 ways to get right info on right stocks
Back  |  Next
© 2009 Rediff.com India Limited. All Rights Reserved.Disclaimer | Feedback