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Sanjay Kapoor sees positive outcome from telcos' meet with TRAI

Sanjay Kapoor that the life of technology is shortening. To keep evolving with the changing technology, it needs to attract alot of investment and that is only possible of the venture is profitable.

September 08, 2016 / 15:41 IST
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TRAI will be meeting all the telecom operators tomorrow to discuss the dispute with Reliance Jio over interconnectivity usage charges. Industry expert Sanjay Kapoor says there will surely be an amicable solution.Such issues were also faced by telcos when telecom was privatised in 1992.In an interview with a prominent financial newspaper, Reliance Industries Chairman Mukesh Ambani said he expected returns in the high teens from the capital invested into Jio. "For a sector that has invested lakhs of crores of rupees, it is only right that the sector makes money," says Kapoor.He also adds that the life of technology is shortening. To keep evolving with the changing technology, it needs to attract a lot of investment and that is only possible if the venture is profitable.Watch video for more.

first published: Sep 8, 2016 02:58 pm

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