Aug 4, 1999|
New Telecom Policy: Will it be finally implemented?
The High Court has permitted the Government to go ahead with the procedure for collecting the licence fee arrears from telecom operators, while at the same time deferring the decision on the implementation of the New Telecom Policy (NTP) to the 10th of August. The High Court has asked the telecom operators whether they would be agreeable to the implementation of the NTP, subject to the condition that the NTP would be ratified by the new Parliament.
The problem in the implementation of the NTP has arisen because it was formulated a government which although in power, faces fresh elections. The High Court has thus cautioned the government against taking any steps that are irreversible by the new Parliament. The High Court has thus suggested that, if the telecom operators agree, the NTP be implemented, but if the new Parliament were to alter the NTP, the telecom operators will have to abide by them.
The telecom reforms have often been deferred due to various reasons. Now, when all seemed to be going smoothly, the political scenario has once again proved to be a hurdle. It however remains to be seen whether the telecom operators will opt for the NTP and agree to the changes that may be ordered by the new Parliament.
A further delay in the implementation of the NTE will lead to further deferment of investment plans in the telecom industry. Meanwhile, the precarious financial situation of a number of telecom operators will continue to be a concern to both the regulatory authorities and the customers.
More Views on News
May 6, 2016
Bharti Airtel has reported a8.4% YoY growth in the topline and an increase of 2.8% YoY in the bottomline for the quarter ended March 2016.
Apr 27, 2016
Bharti Infratel has reported a 7.3% YoY growth in the topline and an increase of 18.7% YoY in the bottomline for the quarter ended March 2016.
Apr 8, 2016
Bharti Infratel has reported a 4.9% YoY growth in the topline and an increase of 11.5% YoY in the bottomline for the quarter ended December 2015.
More Views on News
Aug 10, 2017
Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.
Aug 10, 2017
Bill connects the dots...between money and growth, real money and real resources, gold and cryptocurrencies...and between gold, cryptocurrencies, and time.
Aug 12, 2017
The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.
Aug 10, 2017
Bitcoin hits an all-time high, is there more upside left?
Aug 16, 2017
Ensure your financial Independence, and pledge to start the journey towards financial freedom today!
Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement. LEGAL DISCLAIMER:
Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here
. The performance data quoted represents past performance and does not guarantee future results.SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: email@example.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407