The government expects revenue of 428.66 billion rupees ($6.95 billion) from the telecoms sector, including from auctions of its airwaves, during the next fiscal year to March 2016, the annual budget showed on Saturday.
The government has yet to give details on thespectrum auctions to be held during the next fiscal year. The estimates include revenue from the annual fees telecoms carriers pay to the government. (courtesy – Business Standard)Revenue from Telecom Sector in 2015-16 will be Rs. 42866 Crore – Communications Minister
03 Tuesday Mar 2015
1 crore = 10 million.
1 billion = 1000 million = 100 crore.
428.66 billion = 42,866 crore.