Norwegian telco Telenor on Tuesday lauded the improvement in the regulatory environment in India, saying policies now are much more clear and predictable but spectrum prices still remain “way too high”.
“In India over the last few years, the regulations have become much more predictable... Department of Telecom and also the regulator Trai really have improved a lot since we entered India, so regulations are now more clear and more predictable,” Telenor CEO Sigve Brekke said at the Mobile World Congress here.
Brekke, however, said the spectrum prices are still way too high. Previously some of the foreign firms, including the likes of Vodafone, had expressed concerns over regulatory challenges hampering economic development of the country.