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New operators may file review petition
Jolted by the Supreme Court’s judgement that cancelled 122 telecom licences issued in 2008, the new operators on Thursday expressed shock over the verdict and indicated that they may file review petition.
The affected companies whose licences are cancelled include Uninor (joint venture between Unitech and Telenor of Norway), Sistema-Shyam (joint venture between Shyam Telecom and Sistema of Russia), Videocon, Loop Telecom, Idea Cellular, Etisalat DB (JV between DB Realty and Etisalat of UAE) among others.
Jolted by the Supreme Court’s judgement that cancelled 122 telecom licences issued in 2008, the new operators on Thursday expressed shock over the verdict and indicated that they may file review petition.
The affected companies whose licences are cancelled include Uninor (joint venture between Unitech and Telenor of Norway), Sistema-Shyam (joint venture between Shyam Telecom and Sistema of Russia), Videocon, Loop Telecom, Idea Cellular, Etisalat DB (JV between DB Realty and Etisalat of UAE) among others.
