In a presentation made to the Department of Telecommunications, the Cellular Operators Association of India (COAI) reportedly stated that telecom companies faced debts of Rs 1857.20 billion in 2011-12, compared to Rs 827.26 billion in 2008-09.
The industry association added that the operators? EBITDA margins declined from 33.8 per cent in 2008 to 28.9 per cent in 2012.
In this context, COAI also reportedly chalked out a potential roadmap to stem these losses. The industry association suggested that 100 per cent foreign direct investment and spectrum sharing and trading be permitted in the sector.
Further, it said that existing levies and taxes, amounting to 30 per cent of the operators? revenues as well as the licence fee be reduced.
