Union Budget 2017 reactions from the Tech and Telecom sector
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We agree that there is no scarcity of spectrum in the country. We support the allocation and harmonisation of spectrum. The primary issue is not the quantity of spectrum, but its pricing, quality, deployment and how soon the bidders will be able to access the allocated spectrum. Availability of spectrum is no longer an issue and we agree with the
Kenny Ye, GM-Overseas Business, UC Web,
While last year’s auctions removed spectrum scarcity in the country, expansion of Bharat Net project will ensure high-speed broadband to 1.5 lk gram panchayats via Wifi. With increasing smartphone penetration and push for high-speed broadband connectivity in rural areas, a massive digital revolution is imminent in India. Lastly, reduction of corporate tax for MSMEs is a welcome step but larger Indian conglomerates looking to compete with global peers will continue to find the tax rate challenging.
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Arpita Pal Agrawal, Leader- Telecom, PwC India
Digital India is a winner in this budget with provisions for Bharat Net, PoS Terminals etc. Telcos will benefit as this will accelerate adoption of data services. However the specific Industry demands related to clarity on pending tax issues have mostly remained unaddressed.
Atul Rai, CEO and Co-founder, Staqu, a Gurgaon-based Artificial Intelligence Startup
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