The year
2019 was a particularly tumultuous one for the Indian telecom industry.
Several issues, including ever-increasing debt, low margins and the weak
performance of government-owned service providers, all came to a head.
Telecom companies are seeing some desperate times as can
be witnessed by the kind of statements being issued by the top most
officials from the organisations. If it was Kumar Mangalam Birla,
Chairman of the Aditya Birla Group saying last week that Vodafone Idea
will have to shut shop if the government does not intervene, it was the
turn of Sunil Mittal of the Bharti group to speak extensively on the
bleak scenario the industry is confronted with.