New spectrum trading and sharing norms may ease network congestion in India: Fitch
Indian government gave its final clearance to long-awaited rules on sharing and trading of spectrum recently, and according to Fitch ratings, the newly announced approval for spectrum trading and sharing is likely to push industry consolidation further, reduce regulatory uncertainty and ease network congestion. To date, active consolidation in the sector has been prevented by inefficient utilisation of spectrum assets by smaller telcos, and regulatory uncertainty regarding M&A rules. This seems... Read More