It’s becoming a high-volume, low-margin game on telecom segment, says COAI director general Rajan S Mathews सविस्तर माहितीसाठी इकॉनॉमिक टाइम्स मधील बातमी वाचावी.

  • The telecom sector is under huge financial stress and is sitting on a debt pile of over Rs 4.6 lakh crore…
    We have been talking about this but the situation has aggravated over the last several months. But it started way back in 2012 when spectrum auctions started. Revenue share didn’t make sense with upfront payment. Then there was the issue of re-farming of spectrum, when the government took back spectrum and invited bids again. It was a double hit. Bidding went through the roof and the debt situation aggravated. The government was the biggest beneficiary. And when Reliance came in, for the nine months or so, we lost Rs 26,200 crore. 30% of our revenue goes to the government and so now even government is concerned. Banks, equipment manufacturers, vendors are equally concerned.

via Rajan S Mathews: It’s becoming a high-volume, low-margin game on telecom segment, says COAI director general Rajan S Mathews – The Economic Times

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