why new telco not coming?

in 2010 one company with 2.5 cr net worth started to bid up pan india 4g spectrum and got it for 12000 cr, some days later reliance took over that company and started the Jio, they imported 4g equipments when everyone was busy with 3g and there was very less tax on those imports, by the time others realized they already have best 4g network of the country 

telecom is a very capital heavy business even with the edges reliance has they spent lakhs of crores to create infrastructure, no other company has that much deep pocket to do that, thats why telecom will be a duopoly like now for unforeseeable future 

In every developed countries there are mainly 2-3 major telecom companies. 

It's a lie people usually tell that in India jio is having monopoly over telecom industry. 

In Saudi there are 2 major companies.

1 is etisalat having 70% market share. 

Very very hard to set up a nationwide infrastructure and to constantly keep upgrading and all the maintenance that goes along with it. The return margins in India are some the lowest as well. 

We could have 2 models - like USA where they have 3 major networks (ATT, Verizon and TMobile) and some smaller regional players who use those networks but provide their own plans. The drawback is they can collude and set the prices and the far and tough to reach places dont have network because it is not profitable.

Or the China model where there are 3 state owned networks that function in a pseudo independent way and compete among themselves. Their govt has unlimited funds and frankly they have far better planning and implementation when it comes to tech. Compare that to our BSNL which is languishing in losses due to apathy from the govt and mismanagement.

Capex heavy business. High chances of disruption from new technologies. Govt regulated sector. Some business are inherently bad business e.g airlines, telecom etc.

Market and support , see the change when govt change

Waiting for adani telecom now

4g-5g will stay for long so I think more players will step in soon. 

It's not limited to Telcos. Large corporations are able to make major investments, have better Research and Development, greater resources, deep pockets, and eventually become stronger due to their profits. It takes a lot to stay competitive in the market, esp in a market as price-sensitive as India. Not everyone can thrive. Consider the following:

Ola - Uber

Amazon - Walmart

DMart - Reliance

SpaceX - Blue Origin - Virgin Galactic

Zomato - Swiggy

Netflix - Amazon Prime Video

Google

Apple (iOS) - Google (Android)

Pepsi - Coca-Cola 

Microsoft

AT&T - Verizon - T-Mobile

Instagram

X

Boeing - Airbus

Visa - Mastercard

Novo Nordisk - Eli Lilly

Adidas - Nike

As government is same for 10yrs now...BSNL ab tk bchaya hua hai in logo ne yhi bhut hai.

Adani ji

Good discussion

Seems the OP was living under the rock when India's biggest scam 2G happened.