The Cabinet has approved the inclusion of only revenues earned from telecom services in the adjusted gross revenue and removal of penalty on dues to be paid to the government prospectively.
In the letter, COAI has asserted that fundamental financial reforms are urgently needed in the sector to put it firmly on the path of sustained and orderly growth.
COAI said that the price discovery formula for 5G spectrum needs to be given a thorough consideration, in the context of positive rub-off effect it will have on all other sectors.
COAI also pointed out that there were no 5G trials going on in the country and no 5G towers have been installed as yet.
Sources in the Telecom Regulatory Authority of India said that NIC has assured the regulator that it is in a state of readiness to assist government organisations and agencies.
The business organisations, however, have sought more time from the telecom regulator to implement the process.
The extension of deadline for linking Aadhaar with mobile connections to March 31, 2018, provides an immediate relief to both telecom operators and consumers, industry body COAI said today.
Among five incumbent private mobile operators, only Bharti Airtel added new subscribers in September while the rest lost more than 29 lakh customers.