NEW DELHI: Telecom czar Sunil Bharti Mittal on Thursday said consolidation in Indian telecom sector has come about at “significant pain” of nearly $50 billion of investment write-off and job losses, and went on to flag high taxes that the sector faces.
Speaking at the inaugural session of India Mobile Congress 2018, Mittal said the National Digital Communications Policy (NDCP), like the previous telecom policy, clearly acknowledges that revenue maximisation is not the objective.
“There is also one overarching objective of previous policy and also enshrined in NDCP that revenue maximisation is not the objective.
Then why operators and Department of Telecom are under litigation for revenue maximisation,” Mittal said.
The industry, he noted, is being taxed “like tobacco industries” and emphasised that the issue needs to be resolved