Wednesday, October 14, 2009

India Telecom Regulator to Come Up With M&A Policy : Dow Jones

NEW DELHI --The Telecom Regulatory Authority of India will come up with a policy by the end of November for mergers and acquisitions in the telecommunications sector, R.N. Prabhakar, a member of the regulator, said Tuesday.


The industry has to undergo consolidation and the policy will outline the guidelines for that, he told reporters at a conference.

It will also cover topics such as allocation and pricing of radio bandwidth for mobile telephony services, he said.

Write to R. Jai Krishna at krishna.jai@dowjones.com

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