Union Budget 2024-25: Here are the key challenges in the telecom sector | Economy & Policy News

Key challenges

 

 Costly spectrum auctions are straining financial resources of operators

 

 Sector experiencing financial stress due to debt burdens and low average revenue per user 

 

 Lack of adequate infrastructure in rural areas are hindering connectivity goals

 

 Substantial investments are required to protect networks and consumer data amid rising cyber threats

Incentives for R&D in technologies and indigenous equipment development can further boost innovation and help India become a global leader in telecom technology

Industry stands at a critical juncture. Addressing the need for strategic reforms that prioritise infra, spectrum management, along with regulatory simplification, will bolster connectivity across urban and rural India

 

 Vinish Bawa, Partner and Leader Telecom Sector, PwC India