Investors have not lost confidence in telecom sector: Sibal

New Delhi : Telecom Minister Kapil Sibal today said foreign investors have not lost confidence in the sector and will participate in the auction of the airwaves freed by the court judgement.

Talking to a News Agency he also ruled out the possibility of foreign telecom investors quitting India in the wake of the judgement.

The Supreme Court had earlier this month cancelled 122 licences that were issued during the tenure of the then Telcom Minister A Raja in 2008.