Bank guarantee waiver will ensure 4G/5G network growth: Vi

The government's waiver of bank guarantees for past spectrum auctions for telecom companies, particularly relieving Vodafone Idea, supports the telecom industry's growth by enabling the banking system's exposure to be utilized for expanding 4G and 5G networks. The waiver applies to auctions from 2012 to 2021, easing financial strains on telecom operators.