Is "Free Basics" By Facebook Good Or Bad For The Internet?

There's a lot of clamour on the social media about Free Basics - an initiative by Facebook that promises to offer free Internet access to the underprivileged. Facebook's leaving no stone unturned to promote their initiative via all the possible media channels and even using their own network to get people's support to convince TRAI to allow Free Basics.

I see that the public opinion is hugely divided because of the misinformation about what Free Basics actually is. Here's an overview for those who do not know :-

1. Facebook plans to offer free access to the Internet to people via 'Free Basics'.
2. While this sounds 'too good to be true', here's something we need to be 'concerned about' -
   • Facebook ain't doing this for charity
   • Facebook essentially wants to kill the competition
   • Facebook decides what becomes a part of 'Free Basics' plan
   • Facebook thinks it's a part of 'basic Internet', not educational videos or something people can actually benefit from
   • Facebook hasn't said that it will NEVER put ads on the 'free basics' plan. They're offering it for free in the initial period.
   • In short, 'Free Basics' is the version of the Internet that 'Facebook' wants you to get access to.
3. Facebook does not subsidize the free access tier. Telecom operators will pay for it; and in turn will lead to the existing consumers pay more.

But with all that, there are arguments that if the poor people are getting access to the Internet - no one should have problem with that.

What's your take?