Though a bit late within the day, the federal government lately took steps to stop the telecom sector from changing into a duopoly.
After the aid package deal introduced in September 2021 to grant a moratorium on unpaid statutory dues and lower in spectrum utilization prices, the federal government is reportedly planning to return financial institution ensures price Rs 23,000 crore to telecom companies in reference to their dues on account of adjusted gross revenues. Telecom companies, together with cash-strapped Vodafone Concept, have responded to the federal government steps by elevating tariffs and asserting recent fundraising with promoters’ …
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First Revealed: Tue, March 08 2022. 23:31 IST