Utilize a rear-view mirror for further telecom reforms4 min read . Updated: 21 Sep 2021, 01:31 AM IST
Relief measures have spelt hope for the sector’s revival but lessons from the past call for more action
The future of the buoyant telecom sector in India seemed rickety until last week, when the government finally bit the bullet and announced numerous structural and procedural reforms for the industry. Among the changes, the Centre announced a 4-year moratorium on adjusted gross revenue (AGR) and spectrum dues with an option to convert interest on penalty dues into equity after it ends. Most importantly, the contentious definition of AGR would now exclude non-telecom revenues. There are also other welcome measures that can ensure sufficient competition in the market.
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