DoT set to beat FY23 telecom revenue target

New Delhi: After exceeding the budgeted target of revenue receipts from the telecom sector in FY22, the government is set to repeat the feat in FY23 as well, with likely earnings of Rs 67,000 crore as against the target of Rs 52,806.36 crore.

The mop up can be made possible because of Bharat Sanchar Nigam Ltd (BSNL), which will pay around Rs 30,000 crore to the Department of Telecommunications (DoT) for spectrum allotment in the 900 MHz and 1800 Mhz bands, say officials. In addition, the government has mopped up higher than expected proceeds from the recent spectrum auctions.