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India telecom policy to allow spectrum sharing

india Updated: Oct 10, 2011 16:00 IST

Reuters
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India's new telecoms policy will allow carriers to share and trade spectrum, the country's telecom minister said on Monday, in a move that could help ease pressure on big carriers that have been rapidly adding users to increasingly crowded airwaves.

It will also include a policy for allowing operators to exit the market, telecom minister Kapil Sibal said, which could eventually lead to consolidation in an industry where more than a dozen players compete, keeping tariffs and margins low.