4G in India: FIPB Defers Augere’s 100% FDI Plan
In another 4G update, Indian government has deferred Augere Wireless to increase its foreign stakes to 100% in its Indian venture. UK based Augere won BWA spectrum in Madhya Pradesh and Chhattisgarh in 2010 and paid Rs 125 cr for it. Globally Augere is going with a mission to provide "broadband for all". In 2011 Augere announced to roll out services initially in 14 cities starting from Q2 of 2012.... Read More