A battery of legal luminaries has been hired by affected telecom firms, many of whom have tied up with international giants, to chart the next course of action after the Supreme Court ordered the canc

Norwegian telecom firm Telenor could quit India now after the Supreme Court revoked its mobile licences and not wait for new market rules to be introduced, the company's chief executive told Reuters.

Norwegian Telecom firm Telenor, the majority stakeholder in Uninor, has decided to write down its 4.2 billion krone (about USD 721 million) investment in the Indian joint venture following Thursday's