Telecom Investors

Govt plans to include fund in upcoming telecom Bill despite telcos' opposition, officials said

The bill provides a regulatory framework for spelling out the govt's role in telecommunication services and networks; telecommunication equipment and infrastructure; and spectrum and its assignment

The move to weed out low-revenue users cost the telco 14 million subscribers in Q1 and analysts predict further erosion, as they feel the strategy may have backfired

The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18