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Supreme Court refuses to extend Airtel, Vodafone's licences
NEW DELHI: The Supreme Court's refusal to extend the licences of the country's two biggest mobile phone service providers, Airtel and Vodafone, will force them to bid the highest during spectrum auctions, if they wish to remain in business beyond November 2014.
After the telecom appellate tribunal refused to extend their licences, which expire in November 2014, Airtel and Vodafone had sought an urgent hearing of their petitions in the apex court and sought extension of their licences, which they have been holding for the last two decades, by another 10 years.
Read more from here:Supreme Court refuses to extend Airtel, Vodafone's licences - The Times of India
NEW DELHI: The Supreme Court's refusal to extend the licences of the country's two biggest mobile phone service providers, Airtel and Vodafone, will force them to bid the highest during spectrum auctions, if they wish to remain in business beyond November 2014.
After the telecom appellate tribunal refused to extend their licences, which expire in November 2014, Airtel and Vodafone had sought an urgent hearing of their petitions in the apex court and sought extension of their licences, which they have been holding for the last two decades, by another 10 years.
Read more from here:Supreme Court refuses to extend Airtel, Vodafone's licences - The Times of India
