DoT opens applications under new telecom authorisation regime

The Department of Telecom has opened applications for companies seeking authorization to provide telecommunication services under the new Telecom Act, 2023. Existing licensees can also migrate to this new regime. A digital portal is now live for submissions. This shift replaces the previous contractual license system. Existing players migrating will need to pay an entry fee and relinquish overlapping licenses. Bank guarantees have also been simplified for new applicants.