Telecom industry stakeholders express 'deep dismay' over TRAI comments

Image
IANS New Delhi
Last Updated : Apr 22 2016 | 7:59 PM IST

The telecom industry stakeholders on Friday expressed their "deep dismay" over the remarks made against them in the Supreme Court by the Telecom Regulatory Authority of India in respect of business practices and ethics.

"The industry is deeply hurt by such strong remarks especially when it is a well-known and acknowledged fact that huge investments have been made by the operators which has yielded in connecting and empowering a billion people," the Cellular Operators' Association of India (COAI) said in a statement.

"At the same time, it is universally known the world over, that the Indian telecom service providers charge the lowest tariffs in the world, while paying one of the highest spectrum charges and other levies."

Assailing the contentions raised by the telecom service providers (TSP) for not imposing penalty for call drops, Attorney General Mukul Rohatgi told the court that there was huge gulf between the revenue being earned by the TSPs and the investments being made by them on augmenting the infrastructure.

If between 2010 to 2014, the revenue of TSPs has increased by 48 percent, the investment in infrastructure in wireless access service segment rose by only 4.6 percent from Rs.2,02,399 crore in fiscal 2012-13 to Rs.2,11,691 crore in fiscal 2013-14, he said, adding that investment in telecom infrastructure in 2015 here was $5 billion whereas in China it was $50 billion."

"Further it is also equally known that the industry has leveraged its financial ability and taken on debt to the tune of Rs.3.8 lakh crore, to further invest a cumulative figure of over Rs.8 lakh crore, not only to meet its service obligations but in strongly partnering the government at every step to shoulder the massive responsibility of providing the highest standards of service quality and in establishing the best technology infrastructure," the statement said.

"We, therefore, respectfully request and urge the concerned authorities to refrain from the use of such harsh and unsubstantiated language at any forum against the telecom service providers, which is not only uncalled for but also projects them in a poor light," it added.

--IANS

ag/sd/vm

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 22 2016 | 7:52 PM IST

Next Story