Tata Tele to seek review of licence cancellation order

Tata Teleservices will file a review petition in the Supreme Court against an order by the court to cancel three of the company's zonal telecom licences, it said on Monday.

The country's top court last Thursday ordered that all 122 licences issued under a scandal-tainted 2008 sale be revoked within four months and asked the industry regulator to propose rules for an auction of licences and spectrum.

Japan's NTT DoCoMo owns 26% of Tata Teleservices, which is India's sixth-biggest mobile phone carrier by subscribers.