The telecom sector which is the biggest stressed sector right now due to high spectrum cost and grim competition and changing technologies as well falling data and call rates has got some relief from the government. On 7 March, the cabinet has relaxed spectrum holding limits and allowed telcos more time to pay for airwaves won in auction as part of measures to improve the health of an industry laden with debt amid intense competition.
The Government also extended the payments tenure for auctioned airwaves from 12 years, including a two-year moratorium, to 16 years, as a one-time measure, giving much needed relief to carriers reeling under debt burden of more than Rs 7.7 lakh crore.
The government’s announcement was welcomed by telecom companies and experts. But said more needs to be done; they want lowering of levies such as licence fees and spectrum usage charges (SUC) for improving the long-term health of the sector. Government officials however believe the worst is over for the sector, with revenue stabilising.
Source: http://cablequest.org/index.php/news/telecom-news/item/12328-govt-okays-relief-measures-for-telecom-sector
The government’s announcement was welcomed by telecom companies and experts. But said more needs to be done; they want lowering of levies such as licence fees and spectrum usage charges (SUC) for improving the long-term health of the sector. Government officials however believe the worst is over for the sector, with revenue stabilising.
Source: http://cablequest.org/index.php/news/telecom-news/item/12328-govt-okays-relief-measures-for-telecom-sector
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