Bharti Airtel Chairman Sunil Mittal Wants Govt to Reduce Burden on Telcos

Mittal suggested that the government must focus its attention on the telecom industry, which is still subject to high taxes. The telcos, he continued, must be properly taken care of if the telecom sector is to serve as India's primary platform for providing its citizens with all of the social amenities that the state is required to deliver.

Published by
Bhavya Singh

telecom sector

The chairman of Bharti Enterprises, Sunil Bharti Mittal, stated on Tuesday at the Global Technology Summit hosted by Carnegie India that the telecom sector is a very capital-intensive industry that costs billions of dollars to set up the infrastructure and that, as a result, a better tax system is needed to have a strong, sustainable, infrastructure provider in the nation.

The Telcos’ Tax Burden Should Be Reduced

According to a HinduBusinessline report, in his remarks at the conference, Mittal suggested that the government must focus its attention on the telecom industry, which is still subject to high taxes. The telcos, he continued, must be properly taken care of if the telecom sector is to serve as India’s primary platform for providing its citizens with all of the social amenities that the state is required to deliver.

By the time Bharti Airtel launched 3G, it was already out of date, so the company quickly switched to 4G. Since the company invested billions of dollars in 4G, including the spectrum. Airtel now faces the challenge of 5G, and discussions about 6G have already begun, so there isn’t much time for rest in this situation, according to Mittal. The chairman claimed that of all the countries in the globe, India would likely have the fastest and widest 5G rollout. He also desires that the government would continue to take a more benevolent approach to the infrastructure and building structures. One issue where he frequently raises his voice is the continued high taxation of the telecom sector.

India is considerably stronger now, according to Mittal, and many nations want to get the same technology at a lower cost. As a result, India can deploy its soft power. India has its oil now; the newly discovered oil is India’s digital stack, which is the country’s enthusiasm of young entrepreneurs, the start-up culture, and the enormous amount of work which is done on digital identity; the JAM (Jan Dhan, Aadhaar, and Mobile) trinity, as the Prime Minister has dubbed it, is a very potent tool.

Bhavya Singh

Bhavya is very keen on learning about developments that take place in the tech and telecom industry. She is also someone whom you can sit with and talk about all the Netflix movies and series on science fiction.

Share
Published by
Bhavya Singh

Recent Posts

OnePlus Pad Could Launch on Feb 7 in India

OnePlus Pad could soon launch in India. OnePlus is conducting the Cloud 11 launch event…

Big News: Bharti Airtel Launches Rs 489 and Rs 509 Monthly Bulk Data Plans

Bharti Airtel, a Global Communications Solution provider and India's leading telco, has recently hiked its…

Airtel Payments Bank: How to Create a UPI Handle

Airtel Payments Bank is the first payments bank in India that offers its customers a…

Fire-Boltt Talk Ultra Launched in India

Fire-Boltt Talk Ultra is the latest smartwatch launched by Fire-Boltt. More than 120 sports modes are…

Check Out These Heartwarming Korean Love Films on Netflix

Korean love films, also known as "K-dramas," are a popular genre in South Korea that…

Nokia and Now Telecom to Design 5G Network for Philippines

Philippines based Now Telecom selected Nokia's R&D arm Bell Labs Consulting to assist in developing…

Noise Buds Combat Gaming TWS Launched In India

The Noise Buds Combat Gaming True Wireless Stereo earphones have been introduced in India. The…

Spark Trials 5G Standalone With Ericsson and Red Hat

Spark, New Zealand's largest telecommunications and digital services provider, along with Ericsson and Red Hat,…

Excitel Broadband OTT Add-on Plans Detailed

Excitel Broadband, one of the fastest-growing fiber broadband providers in India, offers high-speed broadband internet…