Impact of SC ruling cancelling 122 2G licences ..

The Feb 2 SC ruling cancelling 122 2G licences sanctioned since 2008 has ruffled lot of feathers within India as also Norway and Russia govts.

The attached graphic shows how this decision affects the present players in the market. The new players have stayed back in the 2G arena and have managed to get customers thru their lower cost 2G telephony, like for eg. Unitech and Telenor - Uninor, gave 2p/min for U2U ( same network calls, ie. Rs. 1.20 for an hour anywhere in the country).

How this affects India' s political recognition across the world and would attract foreign high tech investors to the country remains to be seen ..

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