The telecom commission has approved hiking foreign direct investment limit in the sector from 74 percent to 100 percent, a move that will allow consumers to enjoy better services and competitive rates. Existing telecom players get an exit option while foreign players get more control over their India operations, says Firstpost Editor-in-Chief R Jagannathan.
100% FDI in telecom is a win-win for all
R Jagannathan
• July 3, 2013, 14:06:11 IST
The telecom commission has approved hiking foreign direct investment limit in the sector from 74 percent to 100 percent, a move that will allow consumers to enjoy better services and competitive rates. Existing telecom players get an exit option while foreign players get more control over their India operations, says Firstpost Editor-in-Chief R Jagannathan. Advertisement
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Written by R Jagannathan
R Jagannathan is the Editor-in-Chief of Firstpost. see more
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