Post the Supreme Court?s verdict of the 2G spectrum case the Department of Telecommunications (DoT) will decide the next step after assessing the legal implications of the judgment, say news reports.
Meanwhile, companies like Uninor and Sistema Shyam TeleServices Limited (SSTL), who face licence cancellation, have stated that they will resort to legal measures to safeguard their investments in the country.
In fact, Telenor, which has a 67 per cent stake in Unitech Wireless, has already swung into action. It has approached several Norwegian government functionaries to discuss the issue with Indian authorities.
So, in this context, it is believed that Rigmor Aasrud, Norwegian Minister of Government Administration, Reform and Church Affairs, will meet various telecom industry stakeholders.
In so far, SSTL has released a statement emphasising its continued focus on the Indian market despite the verdict. The statement read, ?To safeguard its interests, Sistema and SSTL will contest this order by pursuing all available legal remedies. In the meantime, Indian operations will remain business as usual for SSTL, a national telecom operator serving more than 15 million customers, employing over 3500 employees, and with investments of over $2.5 billion.?
