India okays sharing of airwaves
India will let cellular carriers share airwaves and allow for consolidation in a crowded industry that has been battered by ferocious competition as well as a licensing scandal that may have cost New Delhi up to US$39bil in lost revenue.
India said the telecommunications regulator has recommended scrapping 38 airwave permits held by companies including Aircel Ltd., Dishnet Wireless Ltd., Etisalat DB Telecom Pvt. and Unitech Wireless Pvt.