SC stays transfer of 2G licence from Malaysia’s Maxis

Today Supreme Court stays transfer of 2G licence from Malaysia’s Maxis which was originally alloted to Aircel to any other telecom company.

Supreme Court  proposes to restrain earning of any revenue by using the 2G spectrum licences which were originally granted to Aircel.

If T Ananthakrishnan and Ralps Marshall of Maxis fail to appear in court on Jan 27, the 2G license granted to Aircel in 2006 shall be ceased says supreme court.