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The telecom regulatory maze: how licensing reforms can revitalise the ailing industry

India needs a flourishing telecom sector to emerge as a digital powerhouse. For that, the country must nourish its telcos with a robust policy framework, taking lessons from best practices in the international markets. So far, India has done just the opposite, almost strangling its telcos with effete and cumbersome regulations. The adjusted gross revenue (AGR) punch-up demonstrates that, and even the recent verdict by the country’s apex court

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