Could you please share what you are smoking, that has got you this high to be so far disconnected from reality.
Here is a concise set of carefully articulated arguments: https://docs.google.com/document/u/1/d/1Yfbhrlb7a_z-pQytLPwE... which are very true in the Indian context.
Also your argument on free-market ignores, assumes the absence of a regulator. It might hold when no regulator exists. But under the given condition when a limited amount of spectrum, a natural resource is auctioned to a select number of companies and a regulator exists, how possibly can this be un-regulated?
How possibly can you hand over the power to seek rent from these content provides to these bullying telcos. What would the repercussion be to the consumers of these content.