loooNg dime since I blagged & long time since I blagged something very SERIOUS. Dis dime I am gonna do dat. Gonna dalk abt India’s sorry state of Spectrum.
Spectrum is raped, bushwacked and dotally tarnished. RAJA RAJA RAJA CORRUPTION CORRUPTION CORRUPTION has bekome d kuthu song 4 all the media guys. In 2G spectrum govt has lost 20,000 crore is d claim by the opposition, and the media. But, am happy with this. Strange!!!! but yes I am happy that govt has lost 20,000 crore. And in 3G spectrum govt has auctioned it 10 times the market price. I really feel bad for it. I am not really happy on this.
Govt has got 60,0000 crore through 3G aution and am not at all happy about it. My question is can the govt make atleast 2 poor farmers rich with the money what dey have obtained?
Well fuck offf its never gonna happen. The 60,000 crore ruppess will be alloted for d so called Ragiv Gandhi welfare scheme, Indira Gandhi welfare scheme. And here der will be atleast 100′s of RAJA’s who would loot the money and at the end only peanuts will reach the poor. Why the fuck glorify 60,000 crore what the govt has obtained. The rich will get richer and poor will only get poorer.
3G spectrum has got auctioned 10 times the market price. Now, who d hell is gonna pay 4 it? Is it service provider’s like Aircell and Airtel? Well, may be but who is paying aircell and airtell and from where they are getting the money? Its from you and me. Its the common man who pay the service providers and service providers in turn pay the govt. Now, if service providers have to pay 10 times the market rate to the govt they will charge 20 times the market rate on the common man for the crap service that they provide. Surely I wont be able to pay 20 times the market rate as I dont have such a long pocket, so sure enough I wont use this 3G what so ever.
Today I have internet at home. I enjoy it and I learn a lot from it. Likewise, people in remote village will also would love to use internet and learn lot of stuffs. But internet still hasnt reached the remote villages. This issue is called as Last Mile Connectivity. To solve this issue called as last mile connectivity, 3G is a valuable solution. But forget it, it wont solve this issue. The reason is it would cost him atleast 25 times d market rate and they wont be able to afford it.
UK auctioned its spectrum. Companies bought it for 20 times the market rate. The UK govt thought it was a huge success. But guess what happened. common man was charged 20 times the market rate and very few used it. As companies had to pay huge sum of money to the Uk govt they did not invest in bringing state of the art technology. So the service was crap and for which huge margin was put and very few used it. Then during the 2008 recession all these companies which brought the spectrum frm the UK govt went bankrupt and later govt had to support them by giving stimulus.
Even if you are not convinced with it, let me give another example. If you think China is your competitor, go there and check they have given away their 2G and 3G for peanuts. Yes you did read me right they have given away their 2G and 3G for peanuts. Go and have a look at the way chinese use their mobiles. It would be extremely different from what you and me would use. These are the people who are enjoying 3G. Because China gave their 2G and 3G for peanuts companies were able to invest money in bringing state of the art technology and as it was not auctioned it spurred competition and consumers got benefited.
Is govt going to incur loss by giving 2G and 3G for peanuts? Not at all. When there is no auction it will make companies to offer services at low price. So lot of people will start using it which will result in lot of tax getting generated. This will be recursive income to the govt whereas auction is just one time income.
Well…still in doubt have a luk at dis article here.
That is definitely a thoughtfully written post… Good job.
thanks Ram