Bharti Airtel Chairman Sunil Mittal (Photo | PTI) 
Business

Telecom sector under stress for 3.5 years; government needs to focus on its sustainability: Sunil Mittal

The telecom industry, he said, is vital to the nation and the digital agenda of the government.

From our online archive

NEW DELHI: Bharti Airtel boss Sunil Bharti Mittal on Wednesday said the telecom sector has been under stress for the last three-and-a-half years and the government should focus on its sustainability.

Emerging out of the North Block after meeting top finance ministry officials, he told reporters that the issue of pending dues arising out of the Supreme Court ruling on Adjusted Gross Revenue (AGR) was not discussed.

The telecom industry, he said, is vital to the nation and the digital agenda of the government.

"The only thing government needs to do is to focus on how to ensure the sustainability of the sector," he said without elaborating.

He said Airtel has already announced its plans to pay the dues that arose from the apex court ruling.

The company has paid Rs 10,000 crore out of its estimated liability of over Rs 35,000 crore.

Mittal, who had first met the telecom secretary prior to going to the finance ministry, said the company is calculating its liability.

Vodafone Idea Chairman Kumar Mangalam Birla, who had met the telecom secretary on Tuesday, also met finance ministry officials.

It was not clear if they met the officials together or separately.

US close to Iran deal to end war, reopen Strait of Hormuz; Trump says 'no rush' on agreement

Massive outrage in J&K over alleged rape-murder of minor girl in Budgam; SIT formed to probe incident

'I love the Prime Minister Modi, he is my friend': Trump says in virtual address at Delhi event

Twisha Sharma cremated in Bhopal after second autopsy amid dowry harassment probe

India, US push for trade deal, energy cooperation as Jaishankar flags visa concerns

SCROLL FOR NEXT