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FDI in Telecom

  • IASbaba
  • November 27, 2020
  • 0
UPSC Articles
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FDI in Telecom

Part of: GS Prelims and GS-III – Infrastructure; FDI

In news

  • Union Cabinet approved ₹2,480 crore FDIin ATC Telecom Infra Pvt Ltd. 
  • ATC Asia Pacific Pte. Ltd is looking to acquire 12.32% stake in ATC Telecom Infra Pvt Ltd through the FDI route.
  • FDI up to 100% is allowed in Telecom Services Sector wherein 49% under automatic route and beyond 49% through government route subject to observance of licensing and security conditions by the licensee as well as investors as notified by the Department of Telecommunications (DoT) from time to time.

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