telenor

Curbs on Uninor sale: Court notice to Unitech


August 21st, 2012 - 9:17 pm ICT by IANS
New Delhi, Aug 21 (IANS) The Delhi High Court Tuesday issued notice to Unitech Ltd. on a plea by Unitech Wireless (Tamil Nadu) Pvt. Ltd. challenging a Company Law Board ... Read more...

Posted in Business |

India adds 1.7 mn GSM subscribers, Uninor loses 1.1 mn (Lead, Correcting headline)


August 16th, 2012 - 9:34 pm ICT by IANS
New Delhi, Aug 16 (IANS) Telecom service provider Uninor lost 1.1 million subscribers even as the country's GSM subscriber base grew by 0.25 percent in July adding 1.7 million new ... Read more...

Posted in Sci-Tech |

1.7 mn GSM subscribers in India, Uninor loses 1.1 mn


August 16th, 2012 - 8:02 pm ICT by IANS
New Delhi, Aug 16 (IANS) Telecom service provider Uninor lost 1.1 million subscribers even as the country's GSM subscriber base grew by 0.25 percent in July adding 1.7 million new ... Read more...

Posted in Sci-Tech |

Uninor moves Delhi High Court against CLB order


August 14th, 2012 - 8:45 pm ICT by IANS
New Delhi, Aug 14 (IANS) Telecom service provider Uninor Tuesday moved the Delhi High Court against the order of the Company Law Board (CLB) restricting it from auctioning its business ... Read more...

Posted in Business |

Company Law Board restricts Uninor from auctioning assets


August 9th, 2012 - 7:39 pm ICT by IANS
New Delhi, Aug 9 (IANS) The Company Law Board (CLB) Thursday restricted Uninor from auctioning its business and assets."I allow the application and injunct the respondent (Uninor) from taking any ... Read more...

Posted in Business |

Uninor in talks with rival firms to absorb employees


August 8th, 2012 - 12:25 am ICT by IANS
Kolkata, Aug 7 (IANS) Telecom operator Uninor, a joint venture of Norwegian firm Telenor and the Unitech Group, Tuesday said it is in talks with business competitors to rehabilitate its ... Read more...

Posted in Uncategorized |

Court modifies CLB order on Unitech auction


August 6th, 2012 - 7:22 pm ICT by IANS
New Delhi, Aug 6 (IANS) The Delhi High Court Monday modified a Company Law Board (CLB) order and allowed Uninor, a joint venture of Norwegian firm Telenor and Unitech Group, ... Read more...

Posted in Business |

Company Law Board stays Uninor’s proposed asset auction


August 3rd, 2012 - 8:31 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Company Law Board (CLB) Friday ordered telecom service provider Uninor not to proceed with its plan of auctioning its assets.The CLB will hear the ... Read more...

Posted in Business |

Uninor slams Unitech, says auction will ensure transparency


August 1st, 2012 - 9:24 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday slammed Unitech for opposing the proposed auction of its assets and said the move will in fact ensure full transparency ... Read more...

Posted in Business |

Uninor to auction business and assets


August 1st, 2012 - 4:06 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday said it will auction its business and assets to get maximum possible returns for its investors. The company has invited ... Read more...

Posted in Business |

Unitech opposes Uninor’s proposed rights issue


July 25th, 2012 - 10:37 pm ICT by IANS
New Delhi, July 25 (IANS) India-based Unitech has opposed its telecom partner Telenor's proposal to raise Rs.1,200 crore through a rights issue for meeting operational expenses.The company has claimed that ... Read more...

Posted in Business |

Cellular operators ’shocked’ at TRAI’s recommendations


May 14th, 2012 - 11:48 pm ICT by IANS
New Delhi, May 14 (IANS) The Cellular Operators Association of India (COAI) Monday said it was "shocked" and "aghast" at the regulator's move to largely stick on to its proposals ... Read more...

Posted in Business |

Telenor’s failure will hit India’s image: Norwegian minister


May 12th, 2012 - 11:35 pm ICT by IANS
New Delhi, May 12 (IANS) The failure of Telenor's $3-billion investment in subsidiary Uninor will not only impact India's investment destination image but will also have political repercussions, Norway's Trade ... Read more...

Posted in Business |

Telenor’s India unit posts $806mn quarterly loss


May 8th, 2012 - 5:25 pm ICT by IANS
New Delhi, May 8 (IANS) Norway-based Telenor's India unit Tuesday reported an operating loss of 4.68 billion Norwegian kroner ($806 million) burdened by a huge impairment charge on its Indian ... Read more...

Posted in Sci-Tech |

Telecom honchos meet key ministers against TRAI’s proposals (Lead)


May 2nd, 2012 - 9:44 pm ICT by IANS
New Delhi, May 2 (IANS) Chiefs of Indian and foreign telecom companies Wednesday met key ministers and officials and voiced their concerns over the regulator's proposals, especially the high ... Read more...

Posted in Uncategorized |

Operators relieved as service closure deadline extended


April 24th, 2012 - 6:52 pm ICT by IANS
New Delhi, April 24 (IANS) Telecom operators whose licences were cancelled by the Supreme Court in February heaved a sigh of relief after the apex court Tuesday extended the deadline ... Read more...

Posted in Business |

Telenor in talks with domestic firms to continue India service


April 20th, 2012 - 8:51 pm ICT by IANS
Kolkata, April 20 (IANS) Norwegian Telenor Group, which holds 67.25 percent stake in Uninor, Friday said it is in discussion with four to five domestic institutions to find ... Read more...

Posted in Business |

Employees take to the streets to save Uninor in India


April 18th, 2012 - 8:20 pm ICT by IANS
New Delhi, April 18 (IANS) Employees of telecom service provider Uninor, which stands to lose all its licences following the Supreme Court order cancelling 122 telecom licences issued in ... Read more...

Posted in Business |

Uninor employees’ bid to save company business in India


April 17th, 2012 - 8:33 pm ICT by IANS
New Delhi, April 17 (IANS) Employees of telecom service provider Uninor along with their families would gather at Jantar Mantar Wednesday to tell the government that their future is ... Read more...

Posted in Business |

Telenor-Unitech case referred to international arbitration


April 12th, 2012 - 8:49 pm ICT by IANS
New Delhi, April 12 (IANS) India-based realty firm Unitech Thursday said the Company Law Board (CLB) has accepted the firm's plea to resolve its dispute with Norway-based Telenor through international ... Read more...

Posted in Uncategorized |

Cabinet approves presidential reference on 2G order


April 10th, 2012 - 10:29 pm ICT by IANS
New Delhi, April 10 (IANS) As part of the government's strategy to sort out the 2G spectrum tangle, the cabinet Tuesday approved a proposal to issue a presidential reference ... Read more...

Posted in Business |

Income tax department attaches Unitech shares in Uninor


March 28th, 2012 - 8:48 pm ICT by IANS
New Delhi, March 28 (IANS) Mobile service provider Uninor Wednesday said the income tax department had "attached" shares owned by Unitech in its joint venture with Norway's Telenor company."Uninor ... Read more...

Posted in Business |

Smaller operators add customers despite Supreme Court’s order


March 22nd, 2012 - 1:30 am ICT by IANS
New Delhi, March 21 (IANS) India's GSM mobile phone base grew with an addition of 8.77 million connections in February 2011 to have total of 656.86 million users with smaller ... Read more...

Posted in Business |

Ask government to conduct 2G auction by June: Uninor to SC


March 21st, 2012 - 9:10 pm ICT by IANS
New Delhi, March 21 (IANS) Telecom service provider Uninor Wednesday filed a petition in the Supreme Court asking it to direct the government to conclude the 2G auction by June ... Read more...

Posted in Business |

Uninor leads India to 903.73 mn mobile subscribers


March 6th, 2012 - 10:08 pm ICT by IANS
New Delhi, March 6 (IANS) The number of mobile phone subscribers in India rose to 903.73 million in January with Uninor alone signing 2.49 million new subscribers, official ... Read more...

Posted in Sci-Tech |

Company Law Board suggests mediation to Telenor, Unitech


March 1st, 2012 - 10:03 pm ICT by IANS
New Delhi, March 1 (IANS) The Company Law Board (CLB) Thursday returned the petitions filed by Norway-based Telenor and India's Unitech, citing technical errors, and asked the firms to resolve ... Read more...

Posted in Business |

Telenor, Unitech move Company Law Board to protect interests (Lead)


February 27th, 2012 - 11:15 pm ICT by IANS
New Delhi, Feb 27 (IANS) Norway-based Telenor and India's Unitech, partners in telecom service provider Uninor, have separately moved the Company Law Board (CLB) to protect their individual interests following ... Read more...

Posted in Business |

Telenor moves company law board to protect India investment


February 27th, 2012 - 8:07 pm ICT by IANS
New Delhi, Feb 27 (IANS) Oslo-based Telenor Group has moved the company law board to secure its investments in India following the Supreme Court order to cancel all the 22 ... Read more...

Posted in World |

Contest Telenor’s demand for compensation: Unitech


February 16th, 2012 - 10:36 pm ICT by IANS
New Delhi, Feb 16 (IANS) A day after Oslo-based Telenor said it will seek indemnity and compensation following the cancellation of Uninor's 22 licenses by the Supreme Court, Unitech vowed ... Read more...

Posted in Sci-Tech |

Ensure money lent to telecom firms is given back: SBI


February 16th, 2012 - 4:38 pm ICT by IANS
New Delhi, Feb 16 (IANS) The State Bank of India (SBI) Thursday called for a mechanism to ensure that money refund should be made directly to lenders and added ... Read more...

Posted in Business |

Older players should be invited for 2G auction: Vodafone


February 15th, 2012 - 11:14 pm ICT by IANS
New Delhi, Feb 15 (IANS) All existing telecom operators and even new players should be invited for the auction of 2G spectrum as and when the government decides to do ... Read more...

Posted in Business |

PM holds meet to discuss 2G verdict fallout


February 11th, 2012 - 2:04 pm ICT by IANS
New Delhi, Feb 11 (IANS) Prime Minister Manmohan Singh Saturday met union ministers Pranab Mukherjee, Kapil Sibal and Salman Khurshid to discuss the fallout of the apex court verdict ... Read more...

Posted in Politics |

Etisalat writes off $827 mn, evaluates India options


February 9th, 2012 - 9:14 pm ICT by IANS
Mumbai/New Delhi, Feb 9 (IANS) Abu Dhabi-based telecom firm Etisalat Thursday wrote off its investments worth $827 million in the mobile company Etisalat DB and said the company is evaluating ... Read more...

Posted in Business |

Foreign investor sentiment will not be affected: Sibal


February 8th, 2012 - 10:45 pm ICT by IANS
New Delhi, Feb 8 (IANS) Foreign investor sentiments will not be affected in the long term, Communications Minister Kapil Sibal said Wednesday in the context of the recent Suprme Court ... Read more...

Posted in Business |

Uninor revenue rises, parent firm writes down investment


February 8th, 2012 - 9:07 pm ICT by IANS
New Delhi, Feb 8 (IANS) Uninor's revenue rose during the quarter ended December 2011 on an increased subscriber base while the parent company Telenor wrote down its investment of about ... Read more...

Posted in Business |

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