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Centre likely to achieve ₹1.2 lakh crore revenue target from telecom sector

By Economic Times - 10 months ago
The government is expected to achieve its revenue target of ₹1.2 lakh crore from the telecom sector in the next financial year, even without a major spectrum auction. The increasing financial health of the telecom sector, resulting in higher licence fees and spectrum charges, along with significant payments from state-run Bharat Sanchar Nigam (BSNL) for its 5G spectrum, is anticipated to contribute to the revenue goal. While a spectrum auction is planned, the response is predicted to be subdued as operators acquired sufficient airwaves in the August 2022 sale to meet their 5G requirements.

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