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Centre introduces draft telecom bill with simplified M&A framework

Shortpedia

Content Team
Image Credit: newsbytes

The Department of Telecommunications (DoT) has released the much-awaited draft of Indian Telecommunications 2022 Bill. The telecom department has put up the bill for public consultation, and will welcome comments from stakeholders till October 20. The bill will simplify the framework for mergers, demergers, and acquisitions. Companies will only be required to intimate the licensing authority under the new telecom rules.