The Telecom Regulatory Authority of India has refuted claims by telecom companies that its 2G spectrum recommendations were flawed. In a point-by-point rebuttal to the joint letter sent by CEOs of four telecom companies, TRAI said the proposed reserve price will not affect the industry's health.
“EBITDA and Return on Capital Employed show a very healthy and increasing trend over the next 20 years. The Internal Rate of Return is also robust,” TRAI has told the Department of Telecom, in reply to the joint letter from the telecom companies.
This assumes significance because the Telecom Commission has asked the regulator for a detailed analysis on the impact of the proposed base price on the industry.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.