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30 January 2012 | Angela Partington
India’s finance ministry has put forward a series of proposals to generate some much-needed credit for the country’s telecoms sector.
All spectrum in India is owned by the government. It is leased to operators on a 20-year contract, with the condition that it will be returned to the government afterwards.
However, telecoms companies in India have been struggling to raise credit, due in part to slow growth and poor financial performance by Indian operators. The telecoms minister...
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