Thursday, February 16, 2012

Telenor in acrimonious divorce from Unitech, seeks new Indian partner

Norway’s Telenor has announced that it is looking to break away from its Indian joint venture partner Unitech, and has begun looking for a new partner in India, reports the Economic Times. Telenor, which said it saw no future in its strategic partnership with Unitech, is seeking damages from Unitech as a result of the Supreme Court ruling that revoked the operating licences of their joint mobile venture Uninor.


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OVETEL Telenor in acrimonious divorce from Unitech, seeks new Indian partner

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