Telecom Bill 2023 to boost investor confidence, help sector grow: BIF, ET Telecom - News Summed Up

Telecom Bill 2023 to boost investor confidence, help sector grow: BIF, ET Telecom


AdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTelecom App Get Realtime updatesSave your favourite articles Scan to download AppNEW DELHI: The Indian Telecommunications Bill 2023 seeks to address several inhibiting issues and would tremendously boost investor confidence, which will consequently help the sector grow, said the Broadband India Forum (BIF) on Wednesday.“The Indian Telecommunications Bill 2023 will serve as a strong enabler for the larger digital ecosystem and, in particular, the innovative OTT apps and satellite sectors in the country. It seeks to address several inhibiting issues and would lead to tremendous boost to investor confidence, thereby causing a quantum jump in the growth of the sector,” said T.V. It will accelerate infrastructure deployment and ease the complex RoW (Right of Way) processes.”Balaji said the Bill will also ensure that secure and resilient telecom networks are put in place. “The Bill, once converted into an Act, will provide a broad framework and future fit rules can be prescribed from time to time to address the continuous evolution of technology and innovation,” he said.The Bill has also been positively acknowledged by Gopal Vittal, MD & CEO, Bharti Airtel (India & SA) and Chairman, CII National Committee for Telecom and Broadband, and Akshaya Moondra , CEO of Vodafone Idea.


Source: Economic Times December 20, 2023 16:36 UTC



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