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Promotional plans hurt revenues of telecom companies: DoT

Promotional plans hurt revenues of telecom companies: DoT

Friday, April 7, 2017, 8:07 AM

The telecom department has flagged a nearly 30% sequential fall in licence fee collections from the industry in the quarter ended March, mainly because a slew of promotional plans has hurt revenues of incumbent telcos. Under severe financial stress, the telcos have also sought some exceptions and relief to tide over their financial turmoil, the department of telecom (DoT) has said to Manoj Sinha.
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