Tagged: Unitech Wireless

Telenor may invest up to $2.24 bn in Unitech Wireless

  Norwegian telecom major Telenor has informed the Indian government that it plans to invest up to Rs 11,200 crore ($2.24 billion) in Unitech Wireless and has also sought approval to increase its stake in the...

Telenor says to invest $3.2 bln in India venture

  OSLO, Feb 13 (Reuters) – Norway’s Telenor ASA (TEL.OL) plans to launch mobile services in India in the third quarter and will invest 22 billion crowns ($3.2 billion) in the venture until its...

Telenor Pulls Share Sale, Drops Payout to Fund India

Telenor ASA, the biggest Nordic phone company, pulled a 12 billion-krone ($1.8 billion) rights offer and said it will pay for its investment in India’s Unitech Wireless with more debt and cash saved by...