Telecom - a viewpoint

Reliance's 50 paisa for all calls announcement and TRAI's per minute tariff suggestion have brought down all the telecom stocks . The leader Bharti is down almost 23% in 3 days and idea is trading below it's issue price. So, is it an end of all situation for the telecom world?.

Telecom has the widest reach of customers and no one can beat them in reach ( bottom of pyramid). There is a lot of rural penetration left . 3G, Net usage over phone are in their intial years. Banking opportunities are also foreseen for the telecom operators in rural areas ( may be in urban India too).

Tariff war, reduction in ARPU and more competition waiting to jump in are definitely negative factors. But some how I see a great future for telecom.

With reduction in tariff over the years, my bill has never come down and Internet usage over telephone network is going up. So, I see a huge opportunity in these big falls of telecom stocks.

In the long run these companies ought to bounce back strongly. Let's keep our fingers crossed till then . Such chaos mostly provide great opportunities.

should I buy bhart, rcom, idea, MTNL, BSNL at this level? is it a good buy. what returns will telecom give

The attitude of Indians towards Indians

We went on a short trip to Pushkar (Near Ajmer, Rajasthan) and were shocked by the behaviour and attitude of the shopkeepers in the market area. Except for 2 or 3, all the others were indifferent towards Indian buyers. Everyone seems to be focussing and trying to attract the foreign tourists. There are "Namaste", " Good Morning, " Welcome" everything that the shop keepers feel would attract the foreign tourists to their shops. However, at the same time the Indian tourists are ignored in their own country. Even if we showed interest in buying something, they were not ready to speak and sell their goods to us..Is it because they can extract more money from foreign tourists or that the vendors feel that only Indians are fond of window shopping..Irrespective of the reasons, we felt like expats in our own country..Why arent the Indian tourists treated well in such a holy place like Pushkar in India ?? A look at 90% of the garment shops in those small lanes are even more shocking..they are full of western clothes..Why this discrimination in our motherland ??