Telecom dept says stress in sector, sees 38% revenue decline
The Telecom Commission has written to the Finance Ministry requesting it to slash the telecom departmentâs non-tax revenue target by 38%, citing âsevere financial stressâ. Non-tax revenue target for the department may be revised to â¹29,524.15 crore from a projected â¹47,304.71 crore, it stated. The sector is under stress because of ârapidly declining revenuesâ of all major telcos, it added.