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

BusinessVodafone Idea Shares Fall After Telecom Firm’s ₹45,000-Crore Investment Plan Fails to Impress Analysts

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

International Realted Stories

InternationalChinese tourist's experience in Beijing reveals rapidly expanding system of identity control: Report

InternationalOman, Iran start discussions on opening Straits of Hormuz amid West Asia conflict

International"If US gets three more victories like this, it will be ruined," Iran Speaker shares pic of downed jet

International77 Killed, Over 100 Injured in Afghanistan Floods Since March 26: Govt Officials

InternationalFairPoint: Smarter wars, not longer ones - India’s lesson for a restless world