Thursday, June 29, 2006

Qualcomm asks Reliance not to switch to GSM

I used to work closely with Kanwal Rekhi, who drummed into me the fact that respect must be earned. Here is a case in point. Qualcomm is one of the leading edge hi-tech companies from the world's only superpower. Yet, it's CEO must politely request Reliance not to switch to CDMA. Market power is everything! This is also a lesson in why monopolies are bad. If Reliance did not have a choice, it would be in pretty bad shape, as would its customers!

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