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Economy

India Telecom Commission eases spectrum limit rules for mobile phone operators

Reliance Jio, Vodafone India likely to benefit from higher caps

A sales person displays JioPhone at a store of Reliance Industries' Jio telecoms unit, on the outskirts of Ahmedabad, India.   © Reuters

MUMBAI (NewsRise) -- India's highest telecom decision-making body approved a recommendation to raise the limit of spectrum mobile phone companies can hold in a move that would likely hasten the pace of consolidation in the market.

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