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    Question

    Which major factor led to high levels of debt

    among Indian telecom operators?
    A Network congestion Correct Answer Incorrect Answer
    B Regulatory challenges Correct Answer Incorrect Answer
    C Spectrum auction costs Correct Answer Incorrect Answer
    D Competition from OTT services Correct Answer Incorrect Answer

    Solution

    High levels of debt among Indian telecom operators were primarily due to the significant costs associated with spectrum auctions, which were often exorbitant.

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