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Telecom M&A norms relaxed

Telecom M&A norms relaxed

The Telecom Commission has accepted Trai's recomme­ndations to re­lax rules for mer­gers and acqui­sitions (M&As) in the sector and allow spec­trum-sharing among telcos, pa­ving the way for consolidation in the 14 player market. It is also open to the regulator's pro­posal to levy a one-time fee on operators for holding spe­ctrum beyond 6.2 MHz.