the combined holdings of such persons acquired through the foreign direct investment route shall not exceed 26% of the total equity share capital, at any time
the combined holdings of such persons acquired through the foreign direct investment route shall not exceed 26% of the total equity share capital, at any time;
the combined holdings of foreign institutional investors shall not exceed twenty three% of the total equity share capital, at any time."
The Report outlines all the regulations governing the telecom sector and indicates that a New Telecom Policy 2011 is currently being drafted.
Are foreign satellites operators free to contract directly with telecommunications operators? If not, could India elaborate on the reasons why this is not possible? Resale of telecommunication services is not allowed in India. Could India explain the reasons behind this policy choice? Will these issues be addressed in the New Telecom Policy 2011?
