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DoT likely to set up a panel for telco financial relief package

It is learnt that the department is likely to consult an external agency for the revival package that is expected to provide relief to the sector besides being a lifeline for Vodafone Idea

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Vi mentioned the challenges it was facing in terms of raising funds as investors have expressed unwillingness to put money in the company.

Megha Manchanda New Delhi
The Department of Telecom­munications (DoT) may appoint an external consultant or set up a panel to finalise financial relief to the sector.
 
It is learnt that the department is likely to consult an external agency for the revival package that is expected to provide relief to the sector besides being a lifeline for Vodafone Idea.
 
At the time of bringing the revival package for state-owned Bharat Sanchar Nigam, the Centre had sought remarks from the likes of IIM Ahmedabad and Deloitte.
 
“Consultations with these bodies help us evaluate the options better,” an official told Business Standard.
 
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