Telecom Sector

Emkay Research: Accumulate Rating On GTL With Target Of Rs 269

GTL LimitedEmkay Research report on GTL:

The Date For Submitting Views On Discussion Paper Extended By TRAI

The date for submission of views by the industry on a consultation paper for reviewing key license conditions and capping the number of access providers has been extended by the Telecom regulator Telecom Regulatory Authority of India. TRAI said that service providers could now submit their comments by July 6.
The consultation paper - 'Review of license terms and condition and capping number of access providers' – was floated by the regulator on June 12, with a view to start the second phase of telecom reforms.
The paper had sought comments on the issue of allowing operators to offer services under the same license using a combination of technology, limiting the number of companies in each area, mergers, acquisitions and roll out obligations.

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