elecom Commission, an inter-ministerial body, on
Tuesday approved to hike foreign direct investment limit for telecom
sector to 100 percent from 74 percent currently. Sources informed
CNBC-TV18 that following the news, the Department of Telecommunication
(DoT) is likely to soon move a cabinet note for 100 percent FDI in
telecom services.
Showing posts with label telecom. Show all posts
Showing posts with label telecom. Show all posts
India mulls eliminating cap on foreign investment in telcos
India's Telecom Commission is considering a proposal to lift the
foreign direct investment limit in the sector from 74 percent to 100
percent.
The Hindu reported on Monday that the Telecom Commission, an inter-departmental body with financial and administrative powers, is meeting today to decide whether the foreign ownership cap should be lifted. It had previously been raised to 74 percent from 49 percent.
The Hindu reported on Monday that the Telecom Commission, an inter-departmental body with financial and administrative powers, is meeting today to decide whether the foreign ownership cap should be lifted. It had previously been raised to 74 percent from 49 percent.
Telecom voice to account for 50% of mobile service revenue in 2017: Infonetics
Infonetics Research says telecom voice will account for around 50 percent of mobile service revenue in 2017. This reflects Capex plans of Indian operators such as Airtel, Idea Cellular, Vodafone, Reliance Communications, etc.
Subscribe to:
Posts (Atom)