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Telecom reforms to spur liquidity

February 01, 2022

Telecom reforms to spur liquidity

The telecom sector reforms are ready to help 4G expansion, infuse liquidity, and establish an enabling ecosystem for investment into 5G organizations, as indicated by Economic Survey 2021-22.

In a wake of “outstanding performance” of the telecom sector in meeting COVID-19 difficulties and with a huge surge in information utilization because of online training and work from home, the reform measures will bolster proliferation and penetration of broadband and telecom connectivity, said the Economic Survey tabled in Parliament on Monday.

Notwithstanding telecom infrastructure expansion, a huge number of measures have been taken to bring about reforms, the survey said, illustrating the underlying and procedural changes embraced in the Indian telecom sector that addresses the world’s second-biggest telecommunication market.

“The changes are additionally expected to support 4G proliferation, infuse liquidity, and establish an enabling ecosystem for investment in 5G organizations,” it added.

A solid and responsive regulatory framework has kept service access at reasonable prices, with the government going to additional lengths to guarantee fair contest among service providers with the view to benefit the customers.

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