India

Indian telcos band together on market reform

In a rare show of unity, India’s telecoms operators are lobbying the government for a significant sector reform package that would ease taxes, spectrum payments and other levies.

Rumours of Vodafone Idea giveaway persist as Birla steps down

Indian billionaire Kumar Mangalam Birla has stepped down as non-executive chairman of Vodafone Idea sending the troubled telco’s shares into freefall as rumours that its main shareholders are prepared to give away their stakes for free continue to swirl.

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