New Delhi/Mumbai/Srinagar, Oct 16 (ANI): Telecom Minister, Kapil Sibal has said that Vodafone Group has planned to invest more than $2 billion in the country, a victory for a policy change designed to boost foreign interest and thin out the crowd of a dozen players in the world’s second biggest mobile phone market. The investment plan by Britain's Vodafone follows the removal in August of a cap on foreign firms investing in telecoms companies. Sibal on the occasion, also said that it was “possible” that the government could hold another auction of third-generation (3G) spectrum, which would be the first since 2010, but he gave no timeline for this.
