Virgin’s Indian Mobile Deal May Be Declared VoidA deal between Richard Branson’s Virgin Mobile and Tata Teleservices Ltd. to sell wireless services in India may be declared void by the Indian government, the London-based.
The Indian Ministry of Communications and Information Technology has requested details about the agreement after the Cellular Operators’ Association of India argued the deal is illegal.
The Cellular Operators’ Association says Virgin is buying mobile capacity wholesale from Tata and then selling it under its own brand, an arrangement not allowed in India.
Though no decision has been made by the ministry, an unidentified ministry spokesman said it’s possible Virgin will not be allowed to operate.
An unidentified Virgin Mobile India spokesman said the agreement, which was announced on March 2, doesn’t involve selling bulk airtime, the newspaper reported. Virgin and Tata insist they have a legal franchise agreement.
Wireless Mobile Telecom Wireless News
