He said currently average revenue per user in telecom sector in India is around $1.5 compared to $36 in the US and $6.5 in China.
"Inspite of that, capex spent is same, at par with what global telcos are spending. 34 per cent is being spent on capex and Airtel last year had spent 40 per cent of total revenue in capex deployment.
"Globally, the average is sub-20 per cent. This itself brings lot of stress on telcos to not only keep on serving customers while providing good quality but also keep on spending on capex as the database grows and as the demand for data is phenomenal," Mittal said.
He said litigation in the sector is also adding to the woes of the industry.
"We need to improve ease of doing business. There is about Rs 1 trillion worth of litigation that needs to be settled. GST credit needs to be unlocked. We need to have more conducive regulatory environment," Mittal said.
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