Monopolistic control over bandwidth and telephones lines has prevented the private ISPs to bring down the tariffs.
India: A Suggested Regulatory Approach
As convergence throws up its challenges, India has to be ready with a regulatory regime that is forward looking, competition friendly, but at the same time serves our social/nationalistic objectives well.
New services, new technologies, new market structures, new business models, and less stringent regulations. Convergence has brought change not only in the way we live, but also in the way we think.
Convergence is changing the role of regulation, but certainly making it more important. A proper regulatory framework is the first step towards effective regulation in the new Net-centric era. When will India take the first step?
A recent study conducted by Ernst & Young, among 100 top CEOs, reveal some pointers as to where the world is heading.