Will not have monopoly or duopoly in telecom sector: Ashwini Vaishnaw

India will not see a monopoly or duopoly in the telecom sector with state-owned BSNL emerging as a ‘very stable’ player, Telecom Minister Ashwini Vaishnaw has said.

Speaking at the Express Adda on Saturday, he allayed concerns of a duopoly emerging in the market with weakening financials and dropping market share of Vodafone Idea Ltd.

“No, we are not heading towards a monopoly. Even a duopoly will not be there. BSNL is coming up as a very stable player in the market,” he said when asked whether the state of affairs in Vodafone Idea and the current financial struggles faced by Airtel would leave Reliance Jio the single dominant mobile telephony player.