3 private players offer ideal, healthy competition: Vodafone Idea CEO

New Delhi: Vodafone Idea, which is in the midst of Rs 25,000 crore mega fund-raising, has said the Indian telecom market with three private players is an “ideal scenario” in terms of healthy competition, dismissing any possibility of cartelisation or duopoly. “It is three private players plus one (BSNL and MTNL) and that is the ideal scenario to be. There are four players here…it is an ideal level of competition,” Balesh Sharma, CEO of Vodafone Idea told .

Worldwide, markets with three private players are known to be markets where constantly there is an ongoing war but a healthy level of competition exists, he added