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In addition, Vodafone India will introduce its own 3G networks in 7 circles - Assam, the North-East, Uttar Pradesh-West, Rajasthan, Karnataka, Kerala and Odisha, to expand its overall 3G footprint to 16 circles across the country.
Telecom operators blame lack of towers for the problem of call drops while government says they are not making serious efforts.
The government approval will help the state-run firm to improve its financial position by unlocking the value of its mobile towers.
Communications Minister Ravi Shankar Prasad, meanwhile, assured operators that the government will do all that is required to help them reduce the problem.
A three-judge bench headed by Justice T S Thakur sought CBI's response on Maran's plea and questioned its decision to arrest him in a case registered in 2013.
India's largest telecom operator will offer the service at 3G prices. It has tied up with Samsung and Flipkart to help customers upgrade to Airtel 4G.
The firm reported a one-time gain of Rs 1,431.4 crore on account of sale of towers in Africa.
The company said in a regulatory filing in May that it was looking to monetise its tower assets by March 2016.
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