“At best, we feel the auctions will fetch around Rs 40,000 crore. Banks,particularly government banks, are wary of further lending to telcos, given the huge debt already on the balance sheets of telcos,” a senior DoT official, who did not wish to be identified, told ET.
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Spectrum sale may net only Rs 40,000 crore
Spectrum sale may net only Rs 40,000 crore
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