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Re:Mobile data: Why India has the world's cheapest by ksec on Monday March 18, 2019 @04:30PM (#19424929)
>Mobile telecom prices are just a pure licence to print money.The cost base (infrastructure and regulatory costs) is insignificant and the asking price maxed out - depending on the market.

The majority of cost aren't spectrum, ( as a few comment below suggested ) or Infrastructure, ( Payment made to Nokia, Ericsson, Huawei, or ZTE ), but rental agreement for all those Base station.

It is not exactly license to print money like Casino, Oil industry. The telecom industry margin are generally quite thin.

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