Tata Tele to seek review of licence cancellation order

Published on Mon, Feb 06, 2012 at 20:22 |  Source : Reuters

Updated at Tue, Feb 07, 2012 at 09:25  

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Tata Tele to seek review of licence cancellation order

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Tata Teleservices will file a review petition in the Supreme Court against an order by the court to cancel three of the company's zonal telecoms licences, it said on Monday.

India's top court last Thursday ordered that all 122 licences issued under a scandal-tainted 2008 sale be revoked within four months and asked the industry regulator to propose rules for an auction of licences and spectrum.

Japan's NTT DoCoMo owns 26% of Tata Teleservices, which is India's sixth-biggest mobile phone carrier by subscribers.

  

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