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TELENOR IN INDIA
It became too competitive for us to make any money in India: Sigve Brekke, CEO, Telenor GroupThe government must ensure licence regulations and spectrum pricing are sustainable, especially as telecom services get more data-centric a...- Airtel’s acquisition of Telenor India: DoT moves Supreme Court against TDSAT orderAirtel had already filed a caveat in the apex court, anticipating the department’s move, to ensure that it is allowed to become a party to ...
- Telenor explores recompense route from the Indian governmentA key issue being debated is whether there is a case for the Scandinavian carrier to seek compensation, citing business losses.
- SES urges Bharti shareholders to reject Telenor dealBharti said: “We already have the accounting scheme certificate and fairness report from EY and we have bought the assets at fair value so ...
- Telenor to brace Airtel amid industry shiftIn particular, the buyout would bolster Bharti Airtel’s defences against a likely Vodafone-Idea Cellular combine in these markets.
- Airtel in advanced talks with Telenor to buy its India businessBharti Airtel is said to be in advanced talks to buy Telenor’s India business in a deal that will involve taking on debt of Rs 1,500 crore.
- Vivek Sood quits TelenorSood served as CEO of Telenor India from January 2015 till November 2015 after which he was elevated to the position of Executive VP of Tel...
- Telenor will continue to be relevant here: India COO Tanveer MohammadTelenor has been reportedly looking to exit India, having been pushed into a corner thanks to its limited data spectrum holdings and its pr...
- Amid fears of Reliance Jio entry, Telenor’s India exit to benefit Airtel, Idea, VodafoneTelenor’s exit is also expected to boost AGR growth in these seven circles. Among top three operators, Idea Cellular is expected to gain th...
- Telenor to not participate in upcoming spectrum auctionWhile announcing the March quarter results, Telenor had said it may leave India unless it was able to secure additional capacity for its ne...
- Telenor says won't participate in spectrum sale, signals India exitTelenor said the decision was regardless of “the significant operational and financial improvement delivered by our Indian operation”.
- Vodafone emerges as frontrunner for buying out Telenor's operations in IndiaA Vodafone spokesman declined to comment on specific queries but said the company was open to options such as spectrum sharing, trading, an...
- Telenor partners mCarbon to launch emergency recharge credit facilityAs part of this product, Telenor subscribers can avail a quick loan of Rs 5 in case their phone balance falls below Rs 1.50.
- With Telenor struggling, consolidation may pick up pace in India: CLSANorwegian operator Telenor’s India unit likely to either merge its operations or sell its airwaves, brokerage CLSA said in a note.
- Telenor names Sharad Mehrotra as new India CEOThe company which launched free insurance for every Telenor India customer last week, did not give reasons for the sudden change.
- Telenor lost Rs 8,000 cr in India in three years, why is it not hanging up?Sigve Brekke's telecom company Telenor has lost Rs 8,000 crore in India in three years. It has lost some face. Its partner is its biggest f...
- Unitech, Telenor discuss out-of-court settlement on partnership issueTelenor and Unitech which are engaged in a bitter legal battle have taken the first step towards an out-of-court settlement, a source said.
- Anil Agarwal frontrunner for new Telenor JV: SourcesAnil Agarwal is expected to enter the telecom venture in personal capacity and not through any of his listed companies in Vedanta Group.
- Telenor backs new M&A rules proposed by TraiNorwegian mobile operator Telenor ASA has welcomed the merger and acquisition norms proposed by the Indian regulator, saying the new rules ...
- Telenor arm faces Rs 15.5k-cr loss in 5 yrsNorwegian telecom major Telenor has informed investors that its Indian arm, Unitech Wireless, will suffer Rs 15,500-crore losses in the fir...
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