A presentation on Telecom Industry at the Industry Meets Students program for the students of the Hyderabad Chapter of ICWAI on 5th Sep 2010 at Bhaskara Auditorium in Birla Planetarium, Saifabad, Hyderabad
3. THE INDIAN MOBILE MAGIC; AFFORDABILITY HAS BEEN DRIVING THE GROWTH Mobile, being extremely affordable, has permeated almost all segment of the everyday life of citizens
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5. Ministry of Communications Telecom Regulatory Authority of India Independent Regulator Telecom Dispute Settlement Tribunal Independent Dispute Settlement Authority Department of Telecommunications Licensing Authority Telecom Commission Policy and Executive Function BSNL, TCL, Bharti, Reliance, Tata Basic BSNL, MTNL, Tata, Bharti, Reliance Bharti, Idea, BPL, Vodafone, Tata, Reliance TCL, Data Access Cellular Domestic Long Distance International Long Distance Telecom Overview - Regulation
6. India accounts for the highest mobile subscriber additions globally. It is the fastest growing market in the world. 37 584 India is world’s second largest wireless market
16. Thank you Sanjay Prasad Kedia B.Com(Hons),LLB,FICWA mail me : [email_address]
Hinweis der Redaktion
The main aim of the Telecom Regulatory Authority of India is to ensure that telecom network markets operate for the benefit of users and economies overall. Regulators should be independent from day to day politics and the industry so that their actions and decisions are completely impartial. An important aspect of the regulator’s role is to regulate markets which are not competitive to safeguard the interests of competitors and consumers. Prior to liberalization in the 90s, the DoT acted as a service provider, regulator, policy maker and arbitrator in the case of disputes. However, Telecom Regulatory Authority of India Act, 1997 established Telecom Regulatory Authority of India (TRAI) in January 1997, with a view to providing an effective regulatory framework and adequate safeguards to ensure fair competition in provision of telecom services and protection of consumer interests. To achieve the objectives of the Act, TRAI was accorded powers to issue directions to service providers, make regulations, notify tariffs by Order, and adjudicate in disputes arising between the Government (in its role as service provider) and any other service provider. In 1999, the government created the Department of Telecom Services (DTS) from DOT. This was done ostensibly to separate the service provision component (DTS) from that of policy making (DoT). In October 2000, DTS was corporatised and now operates as BSNL. The DoT, is left with the functions of policy formulation, licensing, wireless spectrum management, administrative monitoring of telecom PSUs, R&D and standardization and validation of telecom equipment. Moreover, on 24 January 2000, an ordinance amended the TRAI Act, 1997 and altered its basic structure. The adjudicatory role of the TRAI has been separated and has been assigned to a Telecom Dispute Settlement and Appellate Tribunal (TDSAT), a new entity. This Tribunal has also been given the responsibility for settling disputes with respect to those arising between the licensor and licensee. Furthermore, appeals against TDSAT judgements will only be entertained in the Supreme Court.
Apart from the existing players in the market, new players are also comming,Etisalat,Data com telecom,MTS,STEL
Integrity : Every Finance guy posses integrity. Integrity means an attitude of straightforwardness, honesty, sincerity, uprightness and reliability. He should not be biased in taking decisions. As a Finance resource we always deal with money, once money goes from Company it is very difficult to get it back. Should not commit fraud (Eg. Satyam computers) Hard work: Though initially it may not reward, in the long run every one must recognize Integrity and Hard work. Whenever you feel that situation is going beyond your control immediately escalate to your supervisor. Accounting Knowledge (Book Keeping): Should be well versed with the Accounting Principles and Accounting Standards, should always keep update on Statutory requirements. Finance: Cost Benefit Analysis nothing but Business Acumen