DoT to seek legal view on Sistema, Telenor invoking treaties
The DoT will seek legal opinion and views of ministries of finance and external affairs on foreign telecom firms like Sistema and Telenor invoking bilateral treaties to protect their investments in
Unitech seeks to restrain Telenor from any new India telco JV
Unitech Ltd said it has applied to a local court seeking to restrain Norway's Telenor from investing in any new telecoms venture in India that would compete with companies' existing joint venture.
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Unitech shares in JV 'attached' by tax dept: Uninor
Telenor's Indian mobile phone joint venture said on Wednesday it has received notices from the country's tax office stating that Unitech Ltd's shares in the venture have been 'attached'.
The joint ve
TRAI says no refund for cancelled licences
The Telecom Regulatory Authority of India (TRAI) plans to recommend that carriers be denied a refund of their licence fees if they lose or surrender permits, in a further blow to companies whose licen
Will seek compensation from government if we lose licence: Telenor
Norwegian mobile operator Telenor on Tuesday said it will seek damages from the Indian government if it were to lose its 22 licences due to the Supreme Court order that has in all cancelled 122 licenc
Unitech ready to sell JV stake at 'fair' price: Source
Telenor's Indian cellular joint venture partner, Unitech Ltd is 'in principle' ready to sell its stake to the Norwegian company but wants a 'fair' valuation, a source with direct knowledge of the matt
Telenor dumps Unitech to form new company
Norway's Telenor on Tuesday dumped its Indian telecom partner which it accused of 'fraud and misrepresentation' and said it would migrate its Indian business into a fresh venture to seek new operating
Will consider all options for future India investment: Telenor
Hit hard by a Supreme Court verdict cancelling the telecom licence of its Indian unit, Norway-based Telenor ASA has said it will consider all options before any future investment in the country.
Anot
Hit by Indian ops Telenor posts 1.93bn kroner loss for Oct-Dec
Norway-based telecom company Telenor ASA on Wednesday posted a loss of 1.93 billion Norwegian kroner (USD 335 million) for the October-December quarter, weighed down by hefty impairment losses related
Uninor to bid for 2G spectrum; exit option not ruled out
New operator Uninor, a joint venture between Telenor of Norway and Unitech, on Monday said the company will participate in 2G spectrum auction but did not rule out exit option from the Indian marke