Categories: Business

Telcos not out of woods government need to close legal disputes, says sunil mittal

Photo: GOOGLE

government must close legal dispute says sunil mittal

new Delhi. The government should rationalize the various tariffs in the telecom sector and end long-standing legal disputes that adversely affect the functioning of the sector. Bharti Airtel chairman Sunil Bharti Mittal has placed this demand with the government. In the latest annual report of Bharti Airtel, Mittal has said that it is clear that the worst phase of the telecom industry has passed but it is too early to say that the sector has completely overcome the problems. In the company's annual report for the year 2019-20, Mittal has said, "India still has the lowest data charges worldwide, so the industry is hardly able to recover its capital costs." The telecom industry needs considerable support to make up for its deep financial losses and to make telecom operators invest in future technologies. "

Mittal said, "The recent tariff hike has undoubtedly provided some support to the industry but it is still far less in terms of keeping the industry viable." He urged the government to pay attention to the essential needs of telecom operators. He said, "The government should focus on rationalizing the tariffs in the telecom sector. Along with this, the long standing legal disputes should be closed, due to these disputes, there is a big loss to the performance of the telecom operators. " The three deposits will ensure a viable industry structure with a single structure. This is necessary to fulfill the digital aspirations of more than one billion Indians.

Mittal said that the world is going through a period of unprecedented crisis, which came in the form of Kovid-19 at this time. The epidemic has affected economies, businesses and ways of life. He said that the way to overcome this situation will probably be longer. "Although I hope the medicine of this epidemic will be available soon, the world will have to keep pace with the new circumstances."

This post was published on July 28, 2020 10:29 pm

Content Team

Recent Posts

Rupee ends 6 paise lower at 74.90 per dollar

Photo: GOOGLE Rupee Vs Dollar new Delhi. The rupee closed on Friday against the US dollar amid weakness in the…

India can emerge as destination for countries searching for import alternative says gadkari

Photo: PTI (FILE) Nitin gadkari new Delhi. Union Minister Nitin Gadkari said on Friday that India could become a major…

Foreign exchange reserve touches new record high

Photo: PTI (FILE) Foreign exchange reserve touches new record high new Delhi. The country's foreign exchange reserves have once again…