Will the new telecom Bill streamline the sector Explain.
The impact of the new telecom Bill on streamlining the sector needs to be explained.
The new telecom Bill aims to streamline the sector by implementing several key changes. Here are the main points regarding its impact:
- Consolidation: The Bill encourages consolidation in the telecom sector by facilitating mergers and acquisitions, leading to fewer but stronger players.
- Promotion of competition: The legislation introduces provisions to ensure fair competition and prevent monopolistic practices.
- Spectrum management: The Bill establishes a framework for efficient allocation and utilization of spectrum, minimizing congestion and improving network quality.
- Infrastructure development: It encourages infrastructure sharing among telecom operators, reducing duplication and promoting the expansion of network coverage.
- Consumer protection: The Bill strengthens consumer rights by mandating transparent pricing, quality of service standards, and grievance redressal mechanisms.
- Technology advancement: It promotes the deployment of advanced technologies like 5G, Internet of Things (IoT), and Artificial Intelligence (AI) by creating an enabling regulatory environment.
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a year ago