Telenor may bid for Mumbai circle

NEW DELHI: Norwegian telecom operator Telenor plans to bid for 2G spectrum in the Mumbai circle, where it had lost its licences after annulment by the Supreme Court, in the proposed second round of auctions before the end of the current fiscal.

"There is most likely a new auction coming in the first quarter of next year. We will, of course, be looking at that, at least for one of our circles, Mumbai, where we currently have our operations," the company's India managing director, Sigve Brekke, said at a press conference in Fornebu on Friday.