The government may impose restrictions on private telecom operators to buy equipment from Chinese firms for projects in which they acquire public assets on a lease basis. The government which may auction 4G spectrum for some bands, may impose restrictions on private bidders whosoever win the contract won't be able to purchase the equipment from Chinese companies including Huawei and ZTE.To Contact Insurance and Investment Expert
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Telcos in 4G spectrum bid need not place contracts with Chinese firms like Huawei, ZTE
Reviewed by Insurance Advisor
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July 26, 2020
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