And then there were 52?
Despite Planning Commission Deputy Chairman Montek Singh Ahluwalia's warning, the Cabinet's decision to clear the Presidential Reference on 2G is unfortunate, and threatens to throw the sector into its most serious crisis since 1999. Apart from the 122 licenses that have already been cancelled by the Supreme Court, the telecom ministry-backed Presidential Reference seeks the Court's view on whether another 81 licenses need to be cancelled (there are another 35 'dual technology' licenses as well, but we're not counting these as technically they are not new licenses) on grounds they were not auctioned either—the Court had cancelled the 122 licenses saying they should have been auctioned.
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