Struggling Indian telcos get the news they have been waiting for

India’s beleaguered operators are doubtless celebrating after the government approved a relief package that will essentially reduce their outgoings.
The cabinet on Wednesday approved what it described as a number of structural and process reforms designed to protect growth and competition in the telecoms sector, as well as serving consumer interests and boosting employment. Put very simply, the package will ensure that there continues to be a three-player market in India.
It’s great