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Reducing levies and speedy implementation key to achieve $100 billion investment, says COAI

May 02, 2018

According to the Cellular Operators Association of India (COAI), slashing telecom levies to below 10 per cent and speedy implementation of the proposed new telecom policy (NTP) will be crucial to attract $100 billion investment as envisaged.

Total taxes and levies, currently at about 30 per cent, have to be lowered to below 10 per cent. This will be an important factor for attracting investment targets outlined in the draft policy document. The COAI is of the opinion that the policy should be finalised and implemented by July end, since the industry is reeling under massive financial stress.

The draft proposes to adopt optimal pricing of spectrum to ensure sustainable and affordable access to digital communications. High spectrum price and related charges have been main concern of telecom operators. The COAI fully supports the NTP blueprint.

 
 

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