India’s Supreme Court has dismissed appeals from cellcos affected by the controversial cancellation of 122 2G licences earlier this year, reports DNA India. Russian-backed Sistema Shyam Teleservices Ltd (SSTL) has said that it will consider further legal action: as previously noted by CommsUpdate, the cellco has threatened to seek international arbitration on the grounds that the Indian governmemt has broken the terms of the bilateral investment treaty agreed by India and Russia.
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OVETEL Apex court throws out 2G appeals; cellco remains ‘in the Loop’
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