Saturday, March 15, 2008

Insta License

Instaphone License was also cancelled. but thanks to the cunning brothers sitting in the board of Arfeen group, managed to get the license back thru court. Anyways the case is still in court and according to the following web site the case is still open:
http://www.cellular-news.com/story/28403.php

"In the final hearing on November 29, 2007 the representative of Instaphone requested for further time to make the payments but without any cogent evidence or specific date for the same. The Authority's considered opinion is that the licensee's contravention of the terms and conditions of the license regarding its financial obligations is grave and persistent, resulting in the termination of its license."

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