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Merger rules for telecom tightened |
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The Department of Telecommunications (DoT) has significantly tightened the noose on mergers among telecom operators within a circle by imposing a three-year lock-in period, besides making it mandatory for them to take prior permission from the ministry.
It has also made post-merger rules on retention of spectrum much more stringent.
According to the existing policy, operators do not need prior permission from DoT or have a lock-in period for mergers.
Experts, however, opine that the new po ...
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