Swan Telecom wins Delhi GSM spectrum (India)

Swan Telecom has been awarded GSM spectrum for the Delhi circle, reports a local media. Bharti Airtel, Vodafone Essar, Idea and MTNL will be joined by Swan Telecom to provide services in the region. Swan pounds other interested companies including Datacom and Tata Teleservices to bag the licence. At the time when Swan applied for licence, RCOM was holding a 9.9% stake. But it has been confirmed that RCOM has sold its stake in the venture.