Down but not out is the word coming from Uninor's managing director Sigve Brekke. Speaking to CNBC-TV18's Malvika Jain, Brekke says he is disappointed by the Supreme Court's verdict but respects the decision.
Telecom companies are up in arms against the Supreme Court's decision to dismiss their review petitions, and some are looking into further legal actions.
The Supreme Court on Wednesday dismissed review petitions by mobile carriers impacted by the court's order in February to revoke all telecoms licences awarded in a scandal-tainted 2008 sale.