March 7, 2018 / 2:00 PM / 7 months ago

India cabinet approves revision of spectrum cap for mobile carriers

MUMBAI, March 7 (Reuters) - India’s cabinet on Wednesday approved the revision of a cap on airwaves that a mobile operator can hold, the federal government said in a statement on Wednesday.

The move will allow telecoms players to trade airwaves and potentially improve participation in spectrum auctions. (Reporting by Sankalp Phartiyal, editing by Louise Heavens)

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