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Telecom set to be cash cow for government

The government couldn't have asked for a better deal from the telecom sector, especially at a time when its fiscal condition is under stress. While telecom companies are crying foul over the expected high burden due to Trai's proposal to peg the floor price for fresh spectrum auctions at 10 times the cost at which they got licences during A Raja's term, the finance ministry is not complaining.

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