2G-only operators will be a little concerned about what will happen to their spectrum investments and whether they will continue to have viable businesses. The rest of the sector will take some comfort from seeing terms such as transparency and consistency associated with the policy process.
It would be very easy to be critical of the regime but, before you do, don't forget the size of the market. According to the TRAI's most recent report there us somewhere around 600 million active mobile subscribers across the 22 states. That's a huge governance responsibility for any organisation, let alone a single department in an emerging country, closely flanked by well-resourced operators.
Full credit to the administration for trying to draw a line in the sand, learn from their mistakes and put in place a more robust framework to support the future development of the sector.
The only real mistake is the one from which we learn nothing ~ John Powell
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