‘Govt’s support for debilitated telecom sector welcome’

Supporting consolidation in the telecom sector, public policy think-tank Cuts International on Sunday lauded Finance Minister Nirmala Sitharaman for saying that she would not like any telecom operator in the country to shut operations.

In a statement here, Cuts Secretary General Pradeep S. Mehta said the functioning of all four incumbent telecom firms is vital to promote competition and protect consumer interest in the country

“We welcome the Finance Minister Nirmala Sitharaman’s statement that she would not like any telephone company to shut operations and want all of them to serve their customers”, Mehta said. He said the government’s decision to bail out the debt laden firms is more than welcome bu that “this should not become a precedent for other sectors.”