Government wants fair competition, will not encourage monopoly: Prasad

Prasad who met the industry honchos also assured them of government's full support on outstanding issues such as cut in levies and refunds

The government on Saturday made it clear to the telecom industry that it wants fair competition and will not encourage monopoly as it asked telcos to keep razor sharp focus on improving service quality to consumers and ensure robust participation in India's 5G blueprint and $5 trillion economy goal.
 

Telecom Minister Ravi Shankar Prasad met CEOs of telecom companies including Bharti Airtel, Reliance Jio, Vodafone Idea and state-owned Bharat Sanchar Nigam Ltd to listen to their business concerns and has, in turn, assured Telecom Department's full support in resolving outstanding issues through cut in levies and release of input tax