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Advise Relook At Refarming Recommendation: Prashant Singhal

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September 10: Refarming is going to be very expensive for the telecom sector and will be a matter of litigation, says Ernst & Young Global’s Prashant Singhal. He believes that companies operating in the 900 MHz band should get some reservation for being the first-movers in this space. “All this will result in tariff hardening, which will lead to elasticity in demand and inefficiencies in the way we work,” he adds.