City
Epaper

Telecom industry under tremendous stress: Sunil Mittal

By IANS | Updated: July 1, 2021 21:55 IST

New Delhi, July 1 The telecom industry is under 'tremendous stress' and it would require some relief from ...

Open in App

New Delhi, July 1 The telecom industry is under 'tremendous stress' and it would require some relief from the government and the Department of Telecommunications (DoT) to come out of it, Sunil Bharti Mittal, Chairman, Bharti Airtel, said on Thursday.

The Airtel Chairman also reiterated the concern that the industry should not turn into a ‘duopoly'.

Interacting with the media on Thursday, Mittal said: "Saying the telecom industry is under stress in an understatement. The industry is under a tremendous amount of stress."

Mittal noted that the government should help the industry achieve the 'Digital India' dream.

Observing that the government is concerned about the industry, he expressed hope that it would come forward with some support measures.

On raising tariffs, Mittal said: "We will not hesitate to do it, but it can't be done unilaterally."

On Thursday, Bharti-led Low Earth Orbit (LEO) satellite communications company OneWeb announced the successful lift-off of another 36 satellites to mark the completion of its 'Five to 50' mission.

During a virtual interaction with the media, Mittal, who is also the Executive Chairman of OneWeb, said that the company is 10 months away from its global coverage.

OneWeb plans to make its global service available in 2022.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Bharti AirtelDepartment Of TelecommunicationsBharti internationalAirtel businessIndian telecom ministry
Open in App

Related Stories

BusinessMobile Recharge Set to Rise? Jio, Airtel and Vi May Increase Tariffs by 16–20% in 2026

BusinessVodafone Idea Shares Rise by 1% After Telecom Revenue Grows in Q2FY26

BusinessVodafone Idea Share Surge 10% on Reports of PMO Considering Relief Proposal for Debt-Ridden Telecom

NationalWhatsApp and DoT Launch Initiative to Stop Telecom-Based Cyber Scams

BusinessAirtel and Bajaj Finance Team Up To Launch Major Digital Platform for Financial Services

International Realted Stories

InternationalUN rights chief Volker Turk says he is "horrified" by rising violence against protesters in Iran

InternationalIranian activist Masih Alinejad alleges "war crimes," says regime "slaughtering" unarmed civilians amid protests

International"Rising number of casualties in Iran is horrifying": EU chief von der Leyen

InternationalNew support funding to aid bushfire clean-up in Australia's Victoria

InternationalAfghan forces torch 3 clandestine heroin labs