Videocon Telecommunications Ltd (VTL) has announced that it intends to continue operations in India, and will participate in the upcoming re-auction of 2G frequencies, reports the Financial Express. VTL had its mobile concessions cancelled by the Supreme Court earlier this month, but will endeavour to continue offering services saying: ‘VTL is continuing with its business. It proposes to participate in the auction and is hopeful of continuing the business thereafter.’
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