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If it wasn’t bad enough that investment levels have dropped off dramatically with the government unable to pass even executive decisions like FDI in retail, and the Parliament logjam only getting worse, it comes as a real surprise that the government should take a decision that the intra-circle 3G roaming pacts between telcos are illegal and will need to be terminated. Telcos have paid R68,000 crore for the licences and then spent R15,000-20,000 crore to roll out the networks only because their licences specified that such roaming was allowed.

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