This paper is published in Volume-6, Issue-5, 2020
Area
Economics
Author
Sahil Koita
Org/Univ
Independent Researcher, India
Pub. Date
14 September, 2020
Paper ID
V6I5-1153
Publisher
Keywords
Reliance Jio, Indian Telecom Industry, Consumer Welfare, Oligopoly, Collusion

Citationsacebook

IEEE
Sahil Koita. Evolution of the Indian Telecom Industry and its impact on consumer, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Sahil Koita (2020). Evolution of the Indian Telecom Industry and its impact on consumer. International Journal of Advance Research, Ideas and Innovations in Technology, 6(5) www.IJARIIT.com.

MLA
Sahil Koita. "Evolution of the Indian Telecom Industry and its impact on consumer." International Journal of Advance Research, Ideas and Innovations in Technology 6.5 (2020). www.IJARIIT.com.

Abstract

The purpose of this paper is to profile the Indian telecom industry (2015 – 2020) from an economic and game theoretic perspective. The Indian Telecom industry has undergone massive change over the last few years, and the paper investigates the long run impact of these changes on consumer welfare. The paper uses literature and books on different oligopoly models and pricing strategies to explain the workings of the telecom industry. These models are verified using empirical data. The first section of the paper explains the entry of new firms in an oligopoly, and the second section explains how present and future equilibrium models, pricing strategies and collusion in the telecom industry impact consumer welfare. The study uses the models discussed to predict the future of the telecom industry and identifies the role of the government in order to increase long run consumer welfare.
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