Anil Ambani's telecom monopoly forecast unrealistic, unless rules change

While experts remain divided in their views over the new pecking order, unlike Ambani, no one seems to be concluding that there might be a monopoly

Anil Ambani’s Reliance Communications has been one of the casualties of changing dynamics in India’s telecom services market since the entry of Reliance Jio Infocomm, part of his elder brother Mukesh Ambani’s group. Against this backdrop, the younger Ambani sparked a debate when, speaking at his Reliance Group’s annual general meeting on Tuesday, he referred to the telecom business as one that could become a ‘monopoly’.

Though he did not name any company, the indication was hard to miss for telecom experts, as Jio’s coming a like juggernaut and capturing 227 million customers in just over two years has forced