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India govt approves deferred spectrum payments for telecom operators

Thursday 21 November 2019 | 10:09 CET | News
The Indian Cabinet has approved a 2-year moratorium on spectrum fees for domestic telecommunications operators, The Economic Times reports, citing Finance Minister Nirmala Sitharaman. Given the current "fin stress" faced by major operators, the government decided to defer payments of spectrum auction installments due in the fiscal years 2020-21 and 2021-2022, the minister said.  

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Categories: Mobile & Wireless
Countries: India
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