Loop Telecom to shut GSM services in 13 circles, except Mumbai

Reports coming in state that 6,000+ subscribers or so, who had opted for Loop Telecom's GSM services across 13 of the company's telecom circles have been notified that the company would be opting out of the market soon and hence they would have to move to another operator, reports Telecom Talk. The Supreme Court had only recently revoked several mobile service licences belonging to several companies operating in the Indian market, under the 2G verdict. Companies like, Loop Telecom, S Tel and Cheers Mobile /Etisalat DB were among many others, who had several of their licences cancelled and a major move as this follows the revocation of those licences clearly signifying that this decision by the SC dealt a major blow to the ambitions of these telecoms in the country. Loop Mobile subscribers in Mumbai, reportedly do not have to worry, since the CMTS licence for the Mumbai circle had been acquired in 2008 by Essar Group and Loop Mobile and therefore didn’t stand revoked. Click here for full story