Explained | Can the telecom industry get out of the rut?

News Today 20.09.2021

The Union Cabinet on Wednesday approved a set of financial relief measures to help major telecom companies in trouble. Companies such as Vodafone Idea and Bharti Airtel have seen their business hit hard by financial demands made by the government and cut-throat competition. In 2019, the Supreme Court had ordered telecom companies to pay dues worth over ₹1.4 lakh crore to the government, which they are yet to complete. (Read More)

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