View on FDI in key sectors(Telecom )

FDI & FEMA : Reinforcing Indian Economy

Part - 9

Telecom

In a major reform push, government approved 100 per cent FDI in the telecom sector, meeting a key demand of the fund-starved industry. It has been decided to increase FDI cap in telecom to 100 per cent from 74. Up to 49 per cent would be through the automatic route & through FIBP beyond that.

Telecom

All telecom services including Telecom Infrastructure Providers Category-I, viz. Basic, Cellular, Unified Access Services, Unified license(Access services),Unified License, National/ International Long Distance, Commercial V-Sat, Public Mobile Radio Trunked Services (PMRTS), Global Mobile Personal Communications Services (GMPCS), All types of ISP licences, Voice Mail/Audiotex/UMS, Resale of IPLC, Mobile Number Portability services, Infrastructure Provider Category – I (providing dark fibre, right of way, duct space, tower) except Other Service Providers come under this category.

Telecom

This is subject to observance of licensing and security conditions by licensee as well as investors as notified by the Department of Telecommunications (DoT) from time to time.

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