Telcos revenue may cross Rs 5 trn in next 2 yrs, says DoT official

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Telecom sector revenue may cross Rs 5 lakh crore in the next two years in line with the present growth trend fuelled by ease of doing business measures introduced by the government in the last 2-3 years, a senior Department of Telecom official said on Friday.

The DoT's apex decision-making body Digital Communication Commission Member Manish Sinha mooted the idea of relooking at current practices of spectrum allocation and working on new methodologies like dynamic spectrum allocation, and for shorter duration to enhance spectrum usage efficiency and derive its economic value.

I hope it continues to grow like that in the next two years, it won't be surprising if we break the barrier of Rs 5 lakh crore in terms of gross revenue from this sector," Sinha said.

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Category: BusinessFinance

Markets: India

Topics: Telecom sector Spectrum allocation Telecom services Telcos revenue TRAI

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Published On: 2024-10-18 @ 18:32:51 (7 hours ago)

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News Source URL: business-standard.com

Language: English

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