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Friday, February 3, 2012

India's Supreme Court cancels 122 GSM network operator licences

India’s Supreme Court has cancelled 122 licences awarded to mobile network operators in 2008. It described the original award process as “arbitrary and unconstitutional”; a number of people involved in the licence auction have been arrested and are awaiting trial.

The Indian government is expected to announce its response next week.

[More details: FT.com; indiatimes.com; business-standard.com]

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Tags: legal india

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