India Telecom Policy Changes Won’t Spur Big Mergers

November 17, 2013

telecmRecent recommendations by India’s telecommunications-policy agency aimed at increasing consolidation in the mobile-phone sector are helping to reduce uncertainty in the market but aren’t likely to prompt any big deals—at least not in the near future.
Among the recommendations India’s Telecom Commission made last week was a proposal to increase the market-share limit for telecom firms in each of India’s 22 markets to 50% from 36%. The recommendations are widely expected to be adopted when they are considered by a panel of ministers, who are likely to convene in the coming weeks. Source

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