[2] Having consistently met and exceeded Telecom Regulatory Authority of India benchmarks, Loop Mobile was ISO 9001:2008 certified in 2009, in accordance with the TUV NORD CERT auditing and certification procedures.

[7] However, on 5 November 2014, Bharti announced that it was dropping plans to acquire Loop Mobile, after the former failed to gain regulatory approval from the Department of[clarification needed] for the acquisition.

[3] Airtel also would have acquired electronic equipment, optic fibre and the 8 megahertz of spectrum in the 900 MHz band held by Loop in Mumbai.

[8][9] Loop Telecom was probed by the Central Bureau of Investigation for alleged violation of foreign exchange laws, in the amount of ₹384 crore (US$44 million), in connection with the 2G spectrum case.

[12][13] The promoters of Loop telecom were acquitted in December 2017 by the special court investigating the matter, which ruled that the prosecution "has miserably failed to prove any charge against any of the accused.