In a move that has angered many telecom operators, the Department of Telecom declared roaming pacts for 3G services as illegal on the ground that they breach licence conditions. This announcement has delivered a blow to companies such as Vodafone and Bharti Airtel who are dependent on this for a turnaround in their revenues.
In the 3G auction that was held earlier this year, no private telecom operator was allotted pan India coverage, due to which companies like Bharti Airtel, Vodafone and Idea Cellular created agreements to use each otherDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
