Telecom operators on Tuesday (January 13) have written to the Union Finance Ministry, flagging licence fees as a major financial burden on the sector, and have sought multiple relief measures in the upcoming Union Budget.
The telcos have argued that high statutory levies continue to strain balance sheets and limit the sector’s ability to invest in networks. In their representation, the companies have sought rationalisation of licence fees, proposing a sharp reduction from the current 3% of adjusted gross revenue to a range of 0.5-1% of AGR.
The…
