Govt needs to ensure enabling regulatory environment for telecom sector: Kumar Mangalam Birla

By: |
New Delhi | Published: October 15, 2019 3:15:47 AM

Vodafone Idea chairman Kumar Mangalam Birla on Monday urged the government to ensure an enabling regulatory environment so that necessary investments can be made in the sector.

telecom sector, new digital India, Vodafone Idea, Vodafone Idea chairman Kumar Mangalam Birla, Kumar Mangalam Birla on jio, Kumar Mangalam Birla telecom, new jio rates, Aditya Birla Group, India Mobile Congress, Mukesh Ambani, Sunil Bharti Mittal, airtel, jio, airtel charges, Vodafone charges, airtel plans, jio plansThe comments by Birla, who is also the chairman of Aditya Birla Group, come in the backdrop of telecom industry’s ongoing financial stress.

Highlighting that the telecom sector is vital for building a new digital India, Vodafone Idea chairman Kumar Mangalam Birla on Monday urged the government to ensure an enabling regulatory environment so that necessary investments can be made in the sector.

The comments by Birla, who is also the chairman of Aditya Birla Group, come in the backdrop of telecom industry’s ongoing financial stress.

“While we stand committed to support the growth of the industry, we seek enabling regulatory environment to ensure that necessary investments are made… we look forward to working with the government,” Birla said at the India Mobile Congress.

In fact, Birla was the only top telecom industry veteran who attended the event, which was given a miss by both Mukesh Ambani and Sunil Bharti Mittal.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1RBI asks banks to put in place board-approved policy for making investment in InvITs
2HDFC lowers lending rates by 10 bps to 8.25%
3Canara Bank cuts savings rate on deposits by 25 basis points