Q. With reference to the Other Service Providers (OSP’s), which of the following statements is/are correct?
1. OSPs are companies or firms which provide secondary or tertiary services such as telemarketing, tele-banking or telemedicine for various companies, banks or hospital chains.

2. It requires minimal investment but gave great returns in business.

Select the correct answer using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

OSPs or other service providers are companies or firms which provide secondary or tertiary services such as telemarketing, tele-banking or telemedicine for various companies, banks or hospital chains, respectively.

  • As computers made their foray into the Indian information technology space, a number of such OSPs, which were either voice or non-voice based, came into the market.
  • The sector required minimal investment but gave great returns in business, which prompted a large number of individuals and companies to float other service providing firms.
  • Since most of these firms used leased telephone lines, which in turn used the telecom spectrum auctioned by the Department of Telecommunications (DoT), the new telecom policy of 1999 suggested that all OSPs register themselves so that the government could keep a check on the usage of its resources.

Source: Indian Express

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