Monday, 10 October 2011

India to allow consolidation in crowded cellular sector (Reuters)

A rickshaw driver talks on his mobile phone as he rides past a billboard outside a railway station in the northern Indian city of Chandigarh May 26, 2009. REUTERS/Ajay VermaReuters - India will let cellular carriers share airwaves and allow for consolidation in a crowded industry that has been battered by ferocious competition as well as a licensing scandal that may have cost New Delhi up to $39 billion in lost revenue.



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