On hold
The recent Supreme Court ruling asking private telecom companies to pay Rs 1.5 lakh crore in dues is the latest blow to a sector that’s reeling under debts of Rs 8 lakh cr. The Indian Express examines the events that have ended with one of the biggest players teetering on the brink of a collapse. Can the industry, with 117.3 crore cellphone subscribers at last count, survive this crisis?
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