In its analysis, J.P. Morgan emphasises the challenges that have long plagued the sector, including limited returns and the lack of relief on Adjusted Gross Revenue (AGR) liabilities.
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Owing to the intense price competition in the market, the telecom industry has consolidated from over ten companies in 2017 to three private and one public sector company
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No new company has applied this time around. In the previous auction held in 2022, a unit of the Adani group surprised everyone by participating
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