The Indian mobile telephony industry currently has a cumulative debt of over Rs 300,000 crore with many operators even making negative returns on their investments.
Tag: M&A
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Gaining momentum
The Ministry of Road Transport and Highways (MORTH) has made significant efforts to put the sector on a growth trajectory. While there has been noticeable improvement, a more collaborative endeavour is sought to bring about the desired effect.
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COAI reiterates demand for review of pricing of CDMA airwaves
GSM industry body Cellular Operators Association of India (COAI) has escalated a war of letters by writing to the Telecom minister, reiterating its demand for a review of pricing of CDMA airwaves and reducing the 10 MHz cap on such spectrum, asserting that failure to do so would lead to violation of auction rules.