Demands for imposing revenue share between internet cos, telcos akin to rent-seeking: IAMAI

New Delhi: The Internet and Mobile Association of India (IAMAI) has said demands made by telcos for revenue sharing mechanisms between internet companies and telecom service providers (TSPs) “smack of rent-seeking”, and would disincentivise growth for OTT-based businesses. According to IAMAI, by requiring “largest” OTT service providers to pay TSPs for data used by consumers, the telecom players would effectively be charging twice for the same service, since they already charge consumers for data.