Internet service firms make distress call to PM
The Internet Service Providers Association of India (ISPAI) have knocked on the doors of Prime Minister Narendra Modi requesting his immediate intervention for resolving the crisis gripping the Indian telecom sector.
ISPAI President Rajesh Chharia on Wednesday wrote to the PM seeking his intervention on the vexatious adjusted gross revenue (AGR) issue, to avoid the unprecedented crisis as the licences, factual matrix, etc are different and would require independent examination.
The letter seen by BusinessLine says that the AGR issue would impact other sectors such as oil and gas, power, Railways, data Centre business, cable industry and even the Delhi Metro. The letter was also sent to Telecom Minister Ravi Shankar Prasad.