Banking service chronicle

Banking service chronicle Banking service chronicle Published this article employs over four million people directly and indirectly. Presently. telecom sector is governed by National Telecom Policy. 2012. Issues Involved One of the major issues faced by this sector is declining profitability which is further exacerbating the twin balance sheet TBS. problem. Profitability is being affected by following issues. Low revenues . Dramatic reduction of prices & coming down of average revenue per user by 22% due to new entrant. High Debt . Unsustainable spectrum prices and low revenue is also leading to high debt. According to industry sources. telecom companies together carry a debt of approximately Rs 5 lakh crore. High levies . Government levy on the sector is in the 30 per cent.plus range of international standard. Other South Asian countries such as Pakistan. Bangladesh and Sri Lanka levy in the range of 20s. Expensive spectrum . The price of spectrum in ...