DIVIDED TELCOS LEAVE GOVT IN A JAM
THE deep cracks in the telecom sector became more prominent on Thursday when a senior government official said no relief package could be considered for mitigating financial concerns as telcos are divided. “There is no commonality among them (operators) to ask for any bailout package, they don’t come together while presenting demands for any financial package. When one operator(s) ask(s) for relief package, another opposes it. Thus, it’s not possible for the government to even consider it,” the official said. The government is not getting any clear message as what they want and who wants what.
The remark has come after Vodafone Idea chief Kumaramangalam Birla met telecom department brass, minister Manoj Sinha and secretary Aruna Sundararajan, and sought a relief package.