"Given the stress on the sector, it gives the government additional ability to act in the interest of the overall economy," he added.
On the issue of floor pricing, Tkkar said review of floor pricing, if done, would be positive for the industry". However, it is up to the government to decide.
Meanwhile, Trai chairman R S Sharma said that the telecom department has not approached the regulator for any views on floor price for tariffs.
"We have not received anything," Sharma said when asked if the DoT has approached Telecom Regulatory Authority of India (Trai) for its views on floor price or minimum tariff fixation for mobile services.
on Thursday reported consolidated loss of Rs 50,921 crore - highest ever loss posted by any Indian corporate - for the second quarter ended September 30, on account of liability arising out of the Supreme Court order in the adjusted gross revenue case.