23 C
Jalandhar
Sunday, October 17, 2021

ਵਾਹਿਗੁਰੂ

spot_img
yes punjab punjabi redirection

kissan

ajaib ghar

sarkari naukri

bijli

madadgaar

sports club

kisan sarkari naukri

muavja

Markfed Sept to Nov

mrsptu

Innocent

Rakesh Mittal lays out telcos’ pains, says market still sustainable

- Advertisement -

New Delhi, Oct 14, 2019-

Sharing the dais with Communications Minister Ravi Shankar Prasad, Bharti Enterprises Vice-Chairman Rakesh Bharti Mittal on Monday outlined the issues plaguing the Telecom sector and said high capital expenditure and right of way (RoW) issues created hurdles for the market players.

He, however, said that despite the “pain”, the market is very sustainable with three players who have equal market share. Mittal was speaking at the inaugural session of India Mobile Congress 2019 (IMC).

The Bharti Enterprise executive noted that annual capital expenditure (capex) by telecom operators in India is around 34 per cent of company’s revenue, compared to the global average if 20 per cent.

Bharti Enterprises is the parent company of telecom major Bharti Airtel.

“Around 34 per cent is spent on capex (by telcos in India). Airtel itself spent 40 per cent of its revenue last year,” Mittal said.

He also spoke of spectrum prices, and observed that the current base prices of spectrum by the Telecom Regulatory Authority of India (TRAI) are significantly higher than global prices.

Mittal also said that telcos require higher quantity of spectrum. “It is extremely difficult to layout fibre. M&As (mergers and acquisitions) are not very fast and swift,” he added.

On rights of way (RoW), he said that getting right of way clearance is still cumbersome.

Urging the government to make a better regulatory environment and bring more ease of doing business, Mittal noted that the industry players also have responsibilities, on their part and should commit and invest in next-generation technology and also work towards reduction in capex.

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,601FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Indian Population

In the light of the population explosion debate – by Nirendra Dev

Mizoram has made news -- not necessarily for the wrong reasons but certainly for quite unexpected reasons. North-Eastern India generally makes news due to...
Terrorists Shadow

Tackling the resurgence of jihad in Kashmir – by Amjad Ayub Mirza

With three encounters taking place in less than 24 hours between October 10 and 11, terrorist insurgency has effectively resurged in the Kashmir Valley....
DSGMC Logo

Present Peculiar Scenario of DSGMC post 2021 Elections – by Inder Mohan Singh

The management of the historical Gurdwaras of Delhi came into the hands of local Sikh electorate after enforcement of ‘Delhi Sikh Gurdwaras Act 1971...

SPORTS

Health & Fitness

Loss of loved one

3 tips to heal from the loss of a loved one

New Delhi, Oct 16, 2021- Is there a certain time period to wait to heal from losing a loved one? This is a difficult question to answer, but very important to ask. I personally get asked this question a lot, and my response is always the same: "It takes as long as it takes." Some people want to know...

Gadgets & Tech