Telecom Commission has approved laying down of submarine optic fibre cable between Chennai and the Andamans. And, for Lakshadweep, augmentation of satellite system has been cleared.
Global investors, too, in light of macroeconomic headwinds have started bailing out of Indian start-up companies after infusing over $9 billion in the last two years.
On several occasions in the past, this joint committee has not only appraised the project as a whole but has also done a detailed study of the proposals made by JICA.
Even as the government has placed its bets on improving rural telecom infrastructure by the way of increasing connectivity to these areas, BSNL is expected to miss its annual connectivity targets in the Northeast region for yet another year.
Operators have opposed the auction of the entire available bandwidth, questioning both the quantum of spectrum on offer as well as the proposed reserve price.
The Airtel-Videocon deal was preceded by the Anil Ambani-led Reliance Communications announcing plans to acquire interests in MTS and Chennai-based Aircel.
