India to Ease Telecom Merger Rules by December in New Policy

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India’s government aims to ease rules for mergers and acquisitions among mobile-phone service providers under a new policy it plans to adopt by next month.

The Department of Telecommunications plans to have the new regulations, which also will fix a mechanism for pricing wireless airwaves, approved by the cabinet by Dec. 31, R. Chandrashekhar, secretary for telecommunications, said in an interview yesterday in New Delhi.