Telecom reforms to usher in new era for India digital ambitions, to boost funding: Industry players

NEW DELHI: The telecom reforms announced by the government on Wednesday are the beginning of a new era for the sector and will boost investment in the industry that is reeling under debt burden, according to industry players.

Vodafone Idea, the player under severe crisis, also lauded the decision with its promoter Aditya Birla Group chairman Kumar Mangalam Birla calling the reform measures “path-breaking” that will go a long way in “unshackling the telecom sector”.

“These reforms demonstrate the government’s firm commitment to ensuring healthy growth of the industry. The measures also reflect the decisiveness of…the government to address long-standing issues,” Birla said.