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Indian Court Cancels Contentious Wireless Licenses
Keywords:
Tags: Current Focus, Telecom, India,
The Supreme Court of India cancelled the 122 telecom licenses issued by the government in 2008 at below market prices and called for a new auction in 4 months. It said the permits were given in a manner "arbitrary, capricious and contrary to public interest," and declared them "illegal and quashed."
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02/17/2011
India's Supreme Court cancelled the much criticized telecom licenses issued by the government and called for a new auction in 4 months.
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