India: Stage set for telecom consolidation, spectrum trading to benefit telecom firms

India: Stage set for telecom consolidation, spectrum trading to benefit telecom firms

A shortage of spectrum has resulted in abysmal service quality in the country, and the ability to trade spectrum can materially alter the state affairs. Photo: Mint

India’s Union cabinet on Wednesday approved rules that will allow telecom operators to buy and sell unused spectrum among themselves, a move that may spur consolidation in India’s fragmented telecom industry and also help improve service quality by reducing the number of dropped calls.

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