NEW DELHI: In South Asia, the telecom sector regulation should be as minimal as possible to inspire innovation, and encourage investment for connecting remote and underserved regions in, said Minister of State for Communications Chandra Sekhar Pemmasani said on Monday. “For a connected, resilient and sustainable future across South Asia, we need regulations that inspire innovation while safeguarding inclusivity. Let us develop policies and facilitate public-private partnerships, encouraging investment in remote and underserved areas for telecom.
Regulatory effectiveness creates an environment for sectoral development. Regulation should be as minimal as possible, especially in competitive markets,” Pemmasani said. Advt He was speaking at the inaugural of the 25th meeting of the South Asian Telecommunication Regulators Council (SATRC-25) in the national capital.
Pemmasani said that excessive regulation can undermine the benefits of privatisation and liberalisation. He added that as telecom sector competition increases, the regulation should decrease accordingly. “(Regulatory) agencies must own and sustain the public trust by addressing the issues that matter most to consumers, not just focusing on technical regulatory frameworks.
Transparency in decision-making enhances both the credibility of the agencies and legitimacy of their decisions in the eyes of the public,” he said. The telecom regulatory bodies, by having dialogues with the sector leaders, should prioritise the creation of a conducive regulatory environment that encourages efficient spectrum allocation which can handle the existing demand and serve the needs of tomorrow, he said. “As we transition beyond 5G and march towards 6G, let us set a road map for dynamic spectrum policies that allow for both technological advances and adapt to shifting demands.
A digital South Asia should be an inclusive South Asia. South Asia has shared challenges and also have shared dreams. By uniting we can turn our diversity into our greatest strength,” Pemmasani said.
Advt “We can build bridges where there were none, connecting not just places, but people and possibilities,” the minister said. By Ashutosh Kumar & Muntazir Abbas , ETTelecom Published On Nov 11, 2024 at 12:14 PM IST Telegram Facebook Copy Link Be the first one to comment. Comment Now COMMENTS Comment Now Read Comment (1) All Comments By commenting, you agree to the Prohibited Content Policy Post By commenting, you agree to the Prohibited Content Policy Post Find this Comment Offensive? Choose your reason below and click on the submit button.
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Minimal regulation needed in competitive telecom markets of South Asia: Chandra Sekhar Pemmasani
“(Regulatory) agencies must own and sustain the public trust by addressing the issues that matter most to consumers, not just focusing on technical regulatory frameworks. Transparency in decision-making enhances both the credibility of the agencies and legitimacy of their decisions in the eyes of the public,” he said.