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Telecom Can Re-Script A New Growth Story: MF Farooqui

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October 4: M.F. Farooqui, Telecom Commission Chairman and Secretary at DoT, says, “We need reserve prices to be set at a realistic level to allow good participation and price discovery in the auction.” The TC has sought clarifications but is not asking TRAI to revise its reserve prices, he says. Bidding is a matter of sentiment and we’re trying to build positivity around the sector, which has starting to recover, he adds.