Begin typing your search...
Telecom’s 3+1 structure can be intact with adequate aid: Mittal
Bharti Airtel Chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure that the sector remains a viable place for continued investments, and asserted that industry requires “long overdue” support to maintain its current 3+1 structure.
Chennai
Mittal said as the sector’s role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, “have extracted their toll”, he said in Airtel’s latest annual report.
“The industry requires long overdue support to maintain its current 3+1 industry structure and allow players to earn a respectable return on their investments,” Mittal said, alluding to the current telecom industry construct that has three private players and one state-owned operator. He hoped the Centre and the regulators will ensure there is adequate balance in the industry and it remains a viable place for continued investments.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android
Next Story