Concerns over revenue-sharing methods for the OTT segment in the draught telecom Bill are expressed by an internet organisation.

Internet and Mobile Association of India has advocated for revenue-sharing mechanisms for the Over the Top layer in the Draft Telecom Bill . The consequences of this step would be as broad as they would be devastating, according to the Internet and Mobile Association of India .

New Delhi, India, November 25, : An industry body that represents the telecoms industry has advocated for the establishment of revenue-sharing mechanisms for the Over the Top (OTT) layer in the Draft Telecom Bill.The consequences of this step, according to the Internet and Mobile Association of India, would be as broad as they would be devastating.The industry body also said that creating space for licensing requirements applicable to over-the-top service providers poses a significant challenge to India's start-up ecosystem by creating huge barriers to entry.IAMAI condemned this denial and dismissal on Friday.

According to the sectoral body, India has enabled the development of both OTT service providers as well as traditional telecommunication service providers by separately governing carriage and content.The rapid development of India's over 100 unicorns is a representation of this phenomenon.The latest consultation on the Draft Telecom Bill, IMAI said in a statement, betrays either a gross negligence or a fundamental ignorance of how the digital economy operates, but that it could also lead to a chilling effect on emerging Indian start-ups, which are still evolving and experimenting with their business and monetisation schemes, according to the sectoral body.IAMAI also attempted to demonstrate that the existing regulatory framework enabled the development of over 100 unicorns and over USD 200 billion in revenue, which has enabled India to achieve a 1 trillion-dollar digital economy.

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