Govt assures Mittal, Ambani of corrective steps for telcos
Telecom Minister Manoj Sinha has assured Airtel's Sunil Mittal and Reliance Communications' Anil Ambani, along with other telecom players, of âcorrective stepsâ to deal with rising debt and declining revenues. This came after Sinha held a meeting with telecom leaders to discuss the financial difficulties in the sector. Mittal also demanded steps to âprevent predatory voice pricing environmentâ.