Telecom honchos call on minister, regulator | india | Hindustan Times
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Telecom honchos call on minister, regulator

Anil Ambani of Reliance Communications, KM Birla of Idea Cellular, Sunil Mittal of Bharti Airtel and Vittorio Colao of Vodafone were among the top bosses who met the minister. Manoj Gairola reports.

india Updated: Nov 30, 2011 20:46 IST
Manoj Gairola

For the first time since the 2G scam broke out last year, the heads of five leading telecom service providers met the communications minister Kapil Sibal and Telecom Regulatory Authority of India (TRAI) chairman JS Sarma on Wednesday.

Anil Ambani of Reliance Communications, KM Birla of Idea Cellular, Sunil Mittal of Bharti Airtel and Vittorio Colao of Vodafone were among the top bosses who met the minister.

They said raising funds was one of the biggest problems for the industry. In view of the 2G scam, no bank is willing to release funds to the capital intensive telecom industry. Sources said the minister assured them he would take up the matter with the finance minister.

On the issue of 3G roaming, sources said the company chiefs were divided, with two out of the them did not support the 3G roaming agreements.