Supreme Court proposes to cancel Aircel’s 2G license, jeopardizes merger with RCom
The Supreme Court on Friday proposed to cancel Aircel’s 2G license if Maxis-owner Anantha Krishnan and Director Ralph Marshal do not present themselves before it within two weeks. The top court, led by Chief Justice J. S. Khehar, also restrained the transfer of 2G spectrum originally granted to Aircel to any other entity. The order could potentially threaten the proposed merger of Aircel with Anil Ambani-led Reliance Communications (RCom). Aircel... Read More
