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Thursday, February 2, 2012 - 05:30 IST
PE-backed Idea Cellular To Lose 13 Licences; To Affect 4% Of Revenues
BY TEAM VCC
Last year, TA Associates and ChrysCapital exited their investments in Idea Cellular.
Providence Equity Partners-backed telecom firm Idea Cellular said that the Supreme Court ruling, which quashed 122 telecom licences granted post-January 2008 in a landmark judgement on Thursday, would affect seven operational service areas of the company, comprising 4...
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