2G scandal

Batelco exits India

Bahraini operator group Batelco has announced that it has sold its stake in India’s STel, due to the circumstances surrounding the country’s 2G scandal. The operator noted that it had been looking for a buyer of its share in the Indian carrier long before last week’s ruling from the Supreme Court of India to cancel the 122 spectrum licences awarded in a 2008 spectrum sale.

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