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Foreign telcos will get 3 mnth to form Indian venture: Govt

Last Updated: Monday, September 17, 2012, 20:09

The government Monday said it will give three months time to foreign companies to form their Indian venture, with not more than 74 percent foreign equity, in case they win a licence to offer telecom services in the upcoming spectrum auction.

Foreign telcos will get 3 mnth to form Indian venture: Govt

Last Updated: Monday, September 17, 2012, 20:09

The government Monday said it will give three months time to foreign companies to form their Indian venture, with not more than 74 percent foreign equity, in case they win a licence to offer telecom services in the upcoming spectrum auction.