Indian govt cut revenue estimate from telecom to Rs 44,300-cr, no sale of spectrum likely next fiscal
The Indian government has cut revenue expectation from the telecom sector by 55% to Rs 44,342.2 crore for 2017-18. The revenue estimates however doesn’t include any estimated proceeds from sale of any bandwidth, indicating no sale of spectrum next fiscal. The current revenue expectation of revenue from communications at Rs 44,342.2 crore includes licence fees from Telecom Services Providers and one time entry fees from new operators. The downward revision... Read More
