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Telcos seek cut in levies, other relief measures

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New Delhi, August 19

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The Cellular Operators’ Association of India (COAI) has urged the government for financial reforms in the telecom sector, making a strong pitch for cuts in levies, doubling the tenure of auctioned radio wave holdings, along with a 7-10-year moratorium for spectrum payments, to address viability concerns.

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It has highlighted that telecom remains one of the most heavily taxed sectors, and added the government needs to recognise that the current revenue sharing regime of around 32% of revenue outgo as taxes and levies is “unsustainable”. — PTI

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