In an interview to ET, Union telecom minister Manoj Sinha talks about the National Telecom Policy, the spectrum cap and Centre's view on the recent 2G verdict.
The commission also extended the payments tenure for auctioned airwaves to 16 years from 12 years and lowered the interest rate on penalties on outstanding dues of telcos to 12% from 14%.
In his first interview in 10 years, the younger Ambani talks about the humiliation, slander and damage to reputation that he suffered.
The 2G case acquittals at the end of 2017 came as redemption after years of “humiliation”, he said in his first interview in a decade.
Last week, Mukesh Ambani-led Reliance Jio Infocomm agreed to buy the wireless assets of RCom for roughly Rs 24,000 crore.
The regulatory body asserted that there should be no intrusion of equal access to internet to everyone, based on just the content.
RCom says it is surprised by 'untimely &premature' action of China Development Bank but is yet to receive any notice of insolvency petition yet.
Having such a long, free promotional period, decided by laws of the land in their favour, is unheard of: Sunil Mittal
"The long, free promo period such as Jio had is not common. In Europe or US, it would have been stopped. It would have been seen as predatory," Mittal said.
Jio’s entry in September 2016 with free calls and data tariffs disrupted the Indian telecom space, forcing older telcos to dramatically drop tariffs.
India’s top telco is planning to sell 65.43 million shares, or 3.5% in Bharti Infratel, in the price band of Rs 400 to Rs 415.5 a share.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon