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UPDATE 1-India cabinet approves new telecoms policy
NEW DELHI, May 31 (Reuters) - India's cabinet on Thursday
approved a new telecoms policy, replacing more than a
decade-old rules, aiming to boost transparency and revive growth
in one of the country's showpiece sectors that has been rocked
by a massive scandal.
The policy will separate telecoms permits and radio
airwaves, against the current practice of bundling them, and
will charge a market-derived
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