AT&T Interested In Overseas Ventures
India has tough regulations and restrictions.
They have very tough regulations in India including spectrum issues, ownership caps, and build out issues. Moreover, their consumers don’t want to pay a lot of money for their service given the fact that they don’t make a lot of money. That will change though. Their middle class, 300 million people the size of this whole country’s people (USA), will start to bring in more money and spend more. AT&T is smart for going into India and others should follow.
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