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Telecom Licences Can Be Split, Sold

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Our Economy Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:39 AM IST

The government today allowed telecommunications companies to sell individual service licences. Till now telecom operators could sell the company that held the licence and not the licence itself.

The decision taken by the Cabinet today allows telecom service providers to club or split their licences. This will benefit companies like Hutchison, which wanted to buy Spice Telecom

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First Published: Mar 26 2003 | 12:00 AM IST

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