Sharma’s comments may ease the concerns of India’s top telcos Bharti Airtel, Vodafone India and Idea Cellular, which alleged the pricing order favoured Reliance Jio Infocomm.
The company also said it reserves "its rights to initiate criminal and civil defamation proceedings, including for damages, against both COAI and IDOs, jointly and or severally" .
According to the operator, all Vodafone pre-paid customers who purchase any of the eligible popular entry level smartphones available on Flipkart can avail cash back offers.
Market leader Bharti Airtel's shares were down 4.4 per cent to Rs 469.15 a piece.
The fraudsters send bulk messages to rig up penny stocks, use software to spoof mobile nos.
In an interview to ET, telecom secretary Aruna Sundararajan talks about Bharat Net's implementation, NTP and consolidation in the sector.
Telcos currently pay roughly 8% of annual adjusted gross revenue (AGR) as licence fee and another 3% of AGR as spectrum usage charges (SUC), which are the two key avenues of govt earnings from the industry.
The telecom secretary added that the new national telecom policy will shift the focus of the sector towards affordable accessibility and quality of service.
Telecom operators in the last few months have come up with cashback offers on their tariff plans and even on their alliances with smartphones to get more subscribers.
The incumbents had moved the Bombay High Court last year, seeking a stay on the reduction, marking the start of another legal confrontation between telcos and the telecom regulator.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon