IMG discusses various options for stressed telecom sector

The panel is likely to come out with its recommendations before August 27

The inter-ministerial group (IMG), formed to address the stress in the telecom sector, on Friday undertook an internal meeting to discuss and finalise its report.

During the meeting, the panel explored various options like extending the deferred payment schedule, change in interest rate among others. However, no final decision was taken and another meeting is likely on August 16 to further deliberate on the matter.

According to sources, a few members raised the point that financial health of the industry has started to improve and it can be seen with the numbers reported by operators in the first quarter. However,