Industry To Suffer From Continued Regulatory UncertaintiesMay 2012 | Company News Alert
The collateral damage arising from the Indian telecoms regulatory debacle has widened after Augere has reportedly decided to withdraw from the market due to difficulties in raising funds. The drawn-out investigations and contentious measures to resolve issues have not aided investor confidence. Worryingly, BMI believes that the situation will continue to cast a shadow on the sector in 2012.
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