The International court of Arbitration today ruled in favour of Reliance Telecom, who owns and controls international carrier Flag Telecom. Flag Telecom’s landing station in India are under the control of Tata’s owned VSNL. VSNL refused to give access to Reliance Infocomm thus creating a monopoly to carry international traffic. Lately, Tata’s have been behaving very incompetently especially with their telecom ventures. Soon after the ruling, BPO companies in Guragon and Bangalore were cheering as they are expecting to get more bandwidth at cheaper prices. Cheers to International court of arbitration 🙂
2006-05-26