TELENOR

  • Telenor gets FIPB nod for hiking stake in Uninor June 14, 2013

    New Delhi: Government on Friday allowed Norwegian telecom firm Telenor to increase stake in its Indian arm from 49 per cent to 74 per cent at an estimated equity infusion of around Rs 934 crore. "Telenor proposal has been approved," Economic Affairs Secretary Arvind Mayaram said after the meeting of...
  • National free roaming likely before October: Kapil Sibal March 7, 2013

    New Delhi: Telecom Minister Kapil Sibal on Thursday said the government will try to start national free roaming for customers before October this year. "Trai has floated a consultation paper on it (national free roaming). So when Trai's recommendations come and after that, we will try to start free roaming...
  • Telenor India unit to shut Mumbai operations February 17, 2013

    New Delhi: Telenor's India unit said on Saturday it would close down its mobile phone services in Mumbai zone immediately after a court ordered that carriers whose permits were revoked and did not win fresh rights to airwaves must stop services. Telenor's permits in 22 zones were among those ordered to...
  • Not affected by SC order on telecom firms: Uninor February 15, 2013

    New Delhi: Telecom operator Uninor said it is not "impacted" by today's Supreme Court's order which said telecom companies which were unsuccessful in availing fresh 2G spectrum and those which did not participate in the auction process will cease to operate "forthwith". "Uninor wishes to clarify that this order will have...
  • 2G: CBI removes its prosecutor AK Singh for colluding with one of the accused February 12, 2013

    It has been a case which has involved some of the biggest names in politics, corporate India and the bureaucracy. For the last three years, the 2G case has become synonymous with a corrupt system and has had many twists and turns. Now, CNNIBN reveals another dramatic twist, one which could...
  • India @ 9 with Rajdeep Sardesai February 11, 2013

    CBI finds its own prosecutor AK Singh colluding with one of the accused in 2G case. UP government denies lapse on its part in Allahabad railway station stampede. ...
  • 2G collusion: What this means for the case February 11, 2013

    The CBI has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra. ...
  • I don't think it's such a big offence: CBI chief February 11, 2013

    In an exclusive interview to IBN18 Network EditorinChief Rajdeep Sardesai, CBI Director Ranjit Sinha confirmed that the central investigating agency has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra. Here is the transcript on the interview: Rajdeep Sardesai: Ok let's then...
  • 2G: CBI finds its own prosecutor colluding with accused February 11, 2013

    It has been a case which has involved some of the biggest names in politics, corporate India and the bureaucracy. For the last three years, the 2G case has become synonymous with a corrupt system and has had many twists and turns. Now, CNNIBN reveals another dramatic twist, one which could...
  • Telenor, Tata Tele in talks to merge India operations November 28, 2012

    Mumbai/New Delhi: Norway's Telenor is in talks to merge its Indian operations with Tata Teleservices to gain a bigger foothold in the world's secondbiggest mobile phone market, a source with direct knowledge of the situation said on Tuesday. Telenor, which won rights to operate in six Indian zones in an auction...
  • 2G spectrum auction resumes on demand in Bihar November 14, 2012

    New Delhi: The second day of auction for 2G spectrum started at 9 AM on Wednesday, on the back of demand for spectrum in the Bihar telecom circle. A Department of Telecommunications official replied in the affirmative when asked if the auction resumed on time on Wednesday morning. "Yes. Eighth...
  • 2G auction get lukewarm response November 12, 2012

    New Delhi: There has been a lukewarm response to 2G spectrum auction which opened on Monday in New Delhi with sources saying that there have been no bids in the top five to six circles. The first two rounds of reauction of 2G spectrum have ended and no company has...
  • Telenor seeks to join 2G airwaves auction October 20, 2012

    Mumbai: Norway's Telenor has applied to take part in the 2G spectrum auction, opting to stay in the country despite being stripped of its permits after a scandaltainted previous sale. Telenor joins India's top three operators by revenue in eyeing the 2G radio waves, though Russian conglomerate Sistema's Indian affiliate...
  • 2G: Unitech to reply to Telenor's plea of Rs 6,400 crore indemnity October 9, 2012

    New Delhi: The Delhi High Court will begin hearing Telenor's plea seeking Rs 6400 crore as indemnity from Unitech on Tuesday for losses incurred after following the cancellation of their joint venture Uninor's 2G spectrum licenses. Unitech is expected to respond in the apex court on Tuesday. Telenor, which also sought...
  • Interim stay on Uninor's auction of assets August 3, 2012

    New Delhi: The Company Law Board on Friday stayed Telenorcontrolled telecom firm Uninor's planned auction of its assets observing that the process followed appeared "very clever". Passing an interim order on company's minority partner Unitech's application, CLB Chairman Justice D R Deshmukh stayed the August 1 auction notice issued by Uninor...
  • Unitech challenges move to auction Telenor JV assets August 2, 2012

    New Delhi: Unitech Ltd, Telenor's minority partner in its Indian mobile telecoms joint venture, has filed a petition with the country's Company Law Board seeking to stop the joint venture company from auctioning off its assets, a Unitech spokesman said on Thursday. In an auction notice on Wednesday, the joint venture,...
  • Uninor puts assests on auction, Unitech opposes August 2, 2012

    New Delhi: Intensifying row with its minority stakeholder, Norway's Telenorcontrolled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The Nordic countries' biggest phone operator wants to scrap the joint venture with Unitech and migrate...
  • Telenor to auction India telecom business August 1, 2012

    New Delhi: Intensifying row with its minority stakeholder, Norway's Telenorcontrolled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The Nordic countries' biggest phone operator wants to scrap the joint venture with Unitech and migrate...
  • India frustrations send some foreign firms packing June 8, 2012

    New Delhi/Mumbai: Frustrated by a lack of opportunities in India, Germany's Fraport, the world's No 2 airport operator, is shutting its development office in the country, the latest in a growing list of companies exiting Asia's thirdlargest economy. Regulatory uncertainty and policy gridlock have battered foreign corporate sentiment towards India, adding...
  • Govt to sell more airwave slots in 2G auction June 6, 2012

    New Delhi: A ministerial panel decided to auction a higher number of slots in an upcoming sale of second generation(2G) radio airwaves than that proposed by the Telecom Regulatory Authority of India(TRAI), a government official said, although no decision was made on the base price for the auction. The panel decided...
  • 2G fallout: Norway warns India over Telenor May 13, 2012

    New Delhi: Norway has issued a warning to India saying there could be political implications if telecom company Telenor is forced to move out because of the Supreme Court's scrapping of 2G licences and TRAI's recommendations on a fresh auction. Trond Giske, Norway Trade Minister, said, "This situation of license withdrawal...
  • 'Telenor's failure will hit India's image' May 13, 2012

    New Delhi: The failure of Telenor's $3billion investment in subsidiary Uninor will not only impact India's investment destination image but will also have political repercussions, Norway's Trade Minister Trond Giske said on Saturday. "If this investment fails, I think, it will be fair to say that it will influence the view...
  • India committed to protect foreign investment: Sibal May 13, 2012

    New Delhi: India on Saturday assured Norway that foreign investments will be protected amidst the Scandinavian nation saying it apprehended political implications if Telenor suffered losses due to adverse telecom developments in this country. Telecom Minister Kapil Sibal told the Norwegian Trade and Industry Minister, Trond Giske, that the Indian...
  • Spectrum auction: Telecom executives to meet Sibal May 2, 2012

    New Delhi: Chiefs of top telecom firms, including Bharti Airtel and Vodafone, will meet Union Telecom Minister Kapil Sibal on Wednesday evening to discuss their concerns following the TRAI's recommendations on spectrum auction. According to a Telecom Department official, the meeting will take place at Sibal's residence. It will have Sunil...
  • Telenor to write down $682 mn India exposure April 30, 2012

    Oslo: Norwegian telecom company Telenor said it will write down USD 682 million (Norwegian Krone 3.9 billion) to remove accounting exposure to India due to uncertain business environment in the sector. The company said its decision follows spectrum auction recommendations by sectoral regulator TRAI after the Supreme Court had cancelled 122...
  • Optimistic about solution to 2G issues: Uninor April 22, 2012

    Hyderabad: Uninor on Saturday said it is optimistic that a solution to the 2G spectrum issues will be found even as the company has initiated search for a new Indian partner for setting up a new entity. "We see there will be a clarity on 2G spectrum auction process before...
  • TelenorUnitech dispute referred for intl arbitration April 12, 2012

    New Delhi: The Company Law Board has allowed Unitech Ltd's plea to refer a dispute over its telecoms joint venture with Norway's Telenor for arbitration in Singapore, potentially delaying a resolution. Telenor said in a statement it was "surprised" by the Company Law Board's order and would challenge it in a...
  • Unitech seeks to restrain Telenor from any India JV March 31, 2012

    Mumbai: 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. Unitech, a property company, is also seeking an injunction against Telenor's plans to transfer the joint venture's business...
  • IT Department seizes Unitech shares in Uninor March 28, 2012

    New Delhi: The Income Tax Department has seized shares of Unitech Group companies through which the realty firm holds stake in mobile telecom firm, Uninor. "We can confirm that Uninor is in receipt of notices from the Income Tax Department stating that the shares owned by Unitech Ltd, through their...
  • Telenor seeks compensation from India March 27, 2012

    New Delhi: Norway's Telenor ASA, whose India joint venture is among companies that are set to lose their telecoms licences, on Tuesday said it sought to claim compensation for all investment, guarantees and damages from the Indian government. An earlier report had claimed that the Norwegian company had served a notice...