So you are simultaneously saying that the cut throat competition of the telco sector is keeping the data and call rates at global lows (a good thing), and saying that we need not have the same competition when the infrastructure for rural India is built out? If competition acts the way it normally does, someone is certainly going to figure out how to connect rural India in an economically viable way and profit immensely.

Or the mathematics won't pan out, and the company dies. And the government will probably step in to fill the breach. And it will probably do an awful job (remember the mathematics never panned out?)

Both of these are good outcomes. Compare this to handing over the control of such vital infrastructure to a megacorp which has a consistent track record of violating the trust of everyone - the users (random privacy rule changes), the advertisers (fake video views), those they acquire (e.g. the comedy show called WhatsApp ads), the jurisdictions they operate in (arbitrary censorship of content to make sure they kowtow to the public flavor du jour) and last but not least the legal system (claiming that they cannot/will not infer a WhatsApp user profile based on FB user profile knowing the pitifully tiny effect of the punitive damages).

With such a track record, it is a surprise that they even have the temerity to still approach governments around the world to propose FreeBasics.