The Japanese telecom market could be set for a radical upheaval -- a prospect that's not pleasing everyone. And after a day's break for Dusshera, the Indian market is back in the news.
The Japanese government looks set to establish a working group to review telecom policies and regulatory reforms, a move that could lead to a reorganization of NTT Group (NYSE: NTT), Bloomberg reports.
NTT's rivals, though, are worried that a revamp of the Japanese giant might include the merger of its East and West operating units, a move that would make NTT even more dominant, according to AsiaPulse.
In India, those companies winning 3G spectrum in December's planned auction will also get 2G spectrum, according to the Economic Times. (See India Resets 3G Date.)
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