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°Revenue of telcos likely to cross ₹5 lakh crore in 2 yrs°

Millennium Post Delhi

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October 19, 2024

‘NEED TO RELOOK AT SPECTRUM ALLOCATION METHOD’ | According to a report by Trai, telecom service providers posted a gross revenue of Rs 3.36 lakh crore in the FY24

°Revenue of telcos likely to cross ₹5 lakh crore in 2 yrs°

Telecom sector revenue may cross Rs 5 lakh crore in the next two years in line with the present growth trend fuelled by ease of doing business measures introduced by the government in the last 2-3 years, a senior Department of Telecom official said on Friday.

The DoT's apex decision-making body Digital Communication Commission Member Manish Sinha mooted the idea of relooking at current practices of spectrum allocation and working on new methodologies like dynamic spectrum allocation, and for shorter duration to enhance spectrum usage efficiency and derive its economic value.

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