Tag: Telenor

Telenor, Tata Teleservices in talks to merge Indian biz

Nov. 28 Business, India News Comments Off

Norway’s largest telecom operator, Telenor is in talks with Tata Teleservices to merge its Indian operations seeking to get its targeted point in the Indian mobile phone market over 900 million customers.

As per close sources with direct knowledge of the matter, Telenor which seeks to take a majority stake in the merged entity would become the top fifth mobile phone company in India, source said.

Meanwhile, India’s Tata Group will cut off its stake in unlisted Tata Teleservices and Japan’s NTT Docomo which have 26% stake in Tata Teleservices, Read more

Tags: , , , , , Licenses, Merge Entity, Merging, Norway Telecom, , NTT Docomo, , , ,

Telenor, Unitech agrees to settle Uninor JV Telecom Dispute

Oct. 11 Business, India News Comments Off

Over a long domestic as well as international legal dispute and claims on ownership, the Norwegian firm ASA Telenor and Indian major Unitech has reached a settlement over Indian telecommunications joint venture telecom services provider Uninor.

Telenor which has 67.25 per cent stake is exiting the joint venture and will pay Unitech Ltd. a “nominal” amount for assets of Unitech Wireless. Read more

Tags: , , , India Telecom Dispute, , , , Telecom Dispute Settlement, Telecom license, , , , Unitech Wireless

Uninor auction biz: Unitech slams Telenor’s willingness

Aug. 01 Business, India News Comments Off

Bidding row between Norwegian carrier Telenor and joint venture partner Unitech has raise when today Uninor announced to start auction its business, including assets to get maximum possible returns with a going concern.

The Auction process whose last date for investors to apply for bid applications is August 6, is conducted in wake of Supreme Court’s September 7, 2012 mandatory licence cancellation order. Read more

Tags: , , Licences cancellation order, Licenses, Monile Business auction, Norway’s Telenor, , , , Telenor Asia Pte Ltd, , Uninor assests, Uninor auction, Uninor business auction, Uninor license cancellation, Uninor plans auction biz, Uninor’s business, , Unitech slams Telenor’s interest, Unitech Wireless Private Ltd, Unitech-Telenor row

Telecom chiefs to meet with Telecom Minister Kapil Sibal and others

May. 02 Business Comments Off

Kapil Sibal 300x246 Telecom chiefs to meet with Telecom Minister Kapil Sibal and othersHighlighting the controversial spectrum issue, a meeting is likely to be held by four top profile telecom companies’ executives with Telecom Minister Kapil Sibal on Wednesday, discussing the proposal recommendations of TRAI in spectrum auction.

The chiefs of Bharti Airtel, Vodafone, Idea Cellular and Telenor, are to be presented in the meeting to put their concerns in front of R Chandrashekhar, secretary, Department of Telecommunications (DoT), Read more

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