Telenor India

Last updated

Telenor India
FormerlyTelewings Communications Services Pvt Ltd
Company type Subsidiary
Industry Telecommunications
PredecessorUnitech Wireless Limited
Founded2007 (2007)
Defunct14 May 2019;4 years ago (2019-05-14)
FateAcquired by Bharti Airtel
Headquarters Connaught Place,
New Delhi
,
India
Area served
India
Key people
Sharad Mehrotra (CEO) [1]
Services Mobile telephony
Wireless internet
Owner Bharti Airtel
Members36.15 Million (2018)
Number of employees
4,010 [1]  (Q4 2016)
Parent Telenor Group

Telenor (India) Communications Private Limited, formerly known as Uninor, was an Indian mobile network operator. The company was a wholly owned subsidiary of Norwegian telecommunications company Telenor Group. In February 2017, Telenor Group announced merging the India business with Bharti Airtel in a no-cash deal with liability of Airtel to take over the outstanding spectrum payments of Rs 1,650 crore post necessary regulatory approvals. [2]

Contents

As of April 2018, it had 36.15 million subscribers. [3] On 14 May 2018, DoT gave the final approval required for merging of Telenor India with Bharti Airtel.

History

Foundation and growth

Telenor CEO Jon Fredrik Baksaas launching Uninor in 2009 Baksaas Fredrik Uninor launch 2009.jpg
Telenor CEO Jon Fredrik Baksaas launching Uninor in 2009

The company Unitech Wireless Limited, a subsidiary of Unitech Group, was incorporated in 2008. [4] The same year, the company was awarded wireless services licences for all 22 telecom circles. Subsequently, Unitech Group and Telenor Group agreed to enter a joint venture where Telenor would inject fresh equity investments of ₹61.35 billion into Unitech Wireless to take a majority stake in the company. [5] This was operating capital invested directly in Unitech Wireless by Telenor Group. Telenor Group conducted these investments in four tranches, subsequent to approvals from the Foreign Investment Promotion Board (FIPB) and the Cabinet Committee of Economic Affairs (CCEA) took 67.25% ownership of Unitech Wireless. [6] In September 2007, Unitech Wireless announced its brand name as Uninor. [7]

Uninor launched in eight telecom circles on 3 December 2007, [8] after completing one of the world's largest GSM Greenfield launches which was also one of the fastest telecom roll-outs ever in India. According to Uninor, the brand was built around an ambition to serve the young, aspiring India. Six months later, 5 additional circles were launched including metropolitan areas like Mumbai and Kolkata.[ citation needed ]

Uninor facilitated rapid scaling of the company through a lean operation model, where a large share of the network infrastructure is outsourced to business partners. Uninor's modern equipment enabled it to introduce targeted offerings and serve a large audience with limited spectrum.[ citation needed ] Uninor introduced dynamic pricing, a concept that gives consumers discounts that are based on current network traffic at an individual site and change with location and time. Over the summer of 2010, the company further simplified its strategy with a focus on three core areas – excellence in mass market distribution, basic services and cost efficient operations. Changes were also made to the product mix and marketing– making them simpler, more direct and clearly positioning Uninor as an affordable mass market service. [9]

Uninor grew from 0 to 45.6 million customers (as of Q2 2012) within less than two years, and emerged as the most successful of the new entrants that obtained licenses in 2006. The company had more than double the subscribers of all of the other entrants combined.

License cancellations

On 2 February 2012, the Supreme Court of India cancelled 122 licenses of 22 mobile operators, including Uninor. In July 2012, Uninor decided to gradually scale down operations in 4 telecom circles - Karnataka, Kerala, Orissa, Goa and Maharashtra. The objective was to strengthen the focus on the top performing circles ahead of the 2012 spectrum auction. [10] Uninor eventually shut down services in those 4 circles. In the 2012 auction, Uninor won back licences and spectrum in 6 telecom circles - Uttar Pradesh (East), Uttar Pradesh (West) & Uttarakhand, Bihar & Jharkhand, Gujarat, Tamil Nadu and Andhra Pradesh & Telangana. [11] Uninor was about shut down services in Rajasthan, Punjab and West Bengal circles on 18 January 2013 but the deadline was extended to 16 February 2013. [12] The Supreme Court on 15 February 2013 ordered companies that did not win spectrum in the November 2012 auction to immediately discontinue operations. [13]

Uninor shut down services in Punjab, Rajasthan and West Bengal after midnight on 16 February 2013. [14] [15] According to a Uninor spokesperson, almost all Uninor subscribers in Punjab and West Bengal had ported out by 16 February 2013, as Uninor had informed them to do so in December 2012. The spokesperson further claimed that the "sudden apex court order did not give us [Uninor] the opportunity to inform Mumbai customers in advance". At the time of service shutting, Uninor still had 1.8 million subscribers in Mumbai. [16]

Unitech exit and re-branding

Following the cancellation of Uninor's licences, Unitech and Telenor were involved in a dispute over control of Uninor. In October 2012, the two companies signed an agreement under which Unitech transferred Uninor assets to Telenor and exited the joint venture. Telenor subsequently formed Telewings Communications Services Private Limited, a joint venture with Lakshdeep Investments & Finance. Telenor held a 49% stake in Telewings. In December 2013, Telenor raised its stake in the company to 74%. [17]

In 2014, Telenor Group raised its stake to control 100% of Telewings, and the company became a wholly owned subsidiary. On 23 September 2015, Uninor announced it has re-branded itself as Telenor India. [18] [19] The Telenor Group spent ₹100 crore on the re-branding exercise. The logotype, font and the visual expression follows that of the Telenor Group. Telenor India CEO Vivek Sood also stated that the company had broken even within four years of operations. [19] Telewings Communications Services Private Limited was subsequently renamed Telenor (India) Communications Private Limited. [20]

Sale to Bharti Airtel

On 2 January 2017, The Economic Times reported that Bharti Airtel had entered into discussions with Telenor India to acquire the latter. [21] [22] On 23 February 2017, Airtel announced that it had entered into a definitive agreement with Telenor South Asia Investments Pte Ltd to acquire Telenor (India) Communications Pvt. Ltd. As part of the deal, Airtel will acquire Telenor India's assets and customers in all seven telecom circles that the latter operates in - Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West) and Assam. Airtel will gain 43.4 MHz spectrum in the 1800 MHz band from the Telenor acquisition. [23] [24] In June 2017, Bharti Airtel received regulatory approval from CCI, SEBI and the stock exchanges. [25] The deal was approved by the National Company Law Tribunal (NCLT) in August 2017. [26] [27]

On 21 September 2017, Airtel received its shareholders approval for acquisition of Telenor. [28] NCLT approved the merger in March 2018. [29] [30] Airtel plans to retain around 4,000 of Telenor India and Tata Teleservices employees. [31] Supreme Court allowed sale to Airtel by dismissing telecom department's order to Airtel to furnish a bank guarantee. [32] Department of Telecom approved the merger of Telenor India with Bharti Airtel on 14 May 2018 paving the way for final commercial closing of the merger between the two companies. [33]

Network

Radio frequency summary

As of February 2017, Telenor India owns spectrum in 1800 MHz band, across 7 telecom circle areas in the country. [34]

Telecom circle coverage GSM / FD-LTE
1800MHz
Band 3
Andhra Pradesh and Telangana Yes check.svg
Assam Yes check.svg
Bihar and Jharkhand Yes check.svg
Uttar Pradesh (East) Yes check.svg
Gujarat Yes check.svg
Haryana Yes check.svg
Mumbai Yes check.svg
Kolkata Yes check.svg
Uttar Pradesh (West) Yes check.svg
Tamil Nadu Yes check.svg

4G launch

In February 2016, Telenor launched 4G services in the city of Varanasi. [35] The company deployed narrow-band LTE on 1800 MHz spectrum. The network is the world's first commercial lean GSM network. Lean GSM is a technology developed by Huawei that compresses data to improve the efficiency of spectrum. Telenor refarmed 1.4 MHz of its 2G voice spectrum for data, maintaining the same voice quality while utilizing less spectrum. [36] [37] [38]

Discontinued operations

Telenor discontinued its operations in seven telecom circle areas:

Subscriber base

Telenor India had a subscriber base of 41.91 million in total across India, according to Telecom Regulatory Authority of India (TRAI) as of December 2017. [40]

Controversies

2G license controversy

Unitech Wireless was one of the would-be telecom companies that received 2G licenses in 2006. The method chosen by the authorities to allocate these licenses later became subject to controversy as part of the 2G license allocation case. Licenses were awarded through a first come-first served process, where eight companies belonging to the Unitech Group were awarded telecom licenses. The licenses obtained by the telecom arm of the Unitech Group were the basis for Telenor Group's investment into the joint venture. Unitech Wireless companies were later amalgamated into one company, Unitech Wireless (Tamil Nadu) Pvt. Ltd. The Telenor Group invested ₹61.35 billion through new shares to hold 67.25% majority stake in the company. This investment was used as working capital for the joint venture. Telenor's investments in Unitech Wireless was cleared at each stage by FIPB.[ citation needed ] Due to the controversy of the 2G license allocation case, Unitech Ltd.'s Managing Director Sanjay Chandra together with the company Unitech Wireless came under investigation by the Indian Central Bureau of Investigation (CBI). These investigations were connected to Unitech Wireless at a point when the company was fully owned by the Unitech Group. Subsequently, Unitech's Managing Director and the erstwhile chairman of the board of Unitech Wireless, Sanjay Chandra, together with individuals from other telecom operators were taken into custody in early 2011. He was released on bail, amid pendency of the case in Indian courts. [41]

In February 2012, a special court consisting of two Supreme Court justices issued a judgment in a public interest litigation (PIL) case connected to the 2008 allocation of telecom circle licenses. The judgment directed the Indian telecom regulator, TRAI, to recommend a process for re-allocation of the 121 licenses that were issued in 2008. The court ordered this process to be concluded within four months, i.e. by June 2012. This deadline was later extended to September 2012 and then to January 2013. Uninor services and operations continues uninterrupted.[ citation needed ]

Telenor Group on 21 February 2012 also announced its intention to form a new entity in India with which its Indian operations will be taken forward. This new entity will serve as the platform to approach the upcoming auctions for fresh licenses as mandated by the Supreme Court. The new entity will also seek requisite approvals from the FIPB to allow Telenor Group to take up 74% ownership. [42]

Uninor on 1 August 2012 said it would auction all of its telecom business before it becomes non-operational on 7 September, the deadline set by the apex court for winding up of operations of all the firms whose licences had been cancelled. The move was strongly opposed by the firm's minority stakeholder Unitech and it threatened to initiate legal action, if Uninor goes ahead with the auction. [43] Telenor in August 2012 said it would buy out Unitech Wireless for "₹4,190 crore", if there are no bidders for the Indian mobile phone operator's assets. [44] A settlement between the parties was made in October 2012 with Unitech Ltd. committing to dispose of all its shares in Unitech Wireless, [45] which lead to the rebranding of the company as "Telenor India" in September 2015.

Awards and recognition

Telenor India has won many recognitions and industry awards for its business practices and sustainability programs:[ citation needed ]

2016:

2015:

2014:

2013:

2012:

2011:

See also

Related Research Articles

India's telecommunication network is the second largest in the world by number of telephone users with over 1.1 billion subscribers as of December 2023. It has one of the lowest call tariffs in the world enabled by multiple large-scale telecom operators and the ensuant hyper-competition between them. India has the world's second-largest Internet user-base with over 904 million broadband internet subscribers as of December 2023.

<span class="mw-page-title-main">Reliance Communications</span> Indian telecommunications company

Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion against assets worth ₹180 billion.

<span class="mw-page-title-main">Sunil Mittal</span> Indian businessperson

Sunil Bharti Mittal is an Indian billionaire businessman and philanthropist. He is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures. Bharti Airtel, the group's flagship company is one of the world's largest and India's largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 399 million. Bharti Airtel clocked revenues of over US$18 billion in FY2023. In 2023 he was ranked the 10th richest person in India by Forbes, with an estimated net worth of US$14.8 billion.

Tata Teleservices Limited along with its subsidiary Tata Teleservices (Maharashtra) Limited is an Indian internet services provider and IT services company headquartered in Mumbai, India. It is listed on BSE and NSE in India.

<span class="mw-page-title-main">Bharti Airtel</span> Indian multinational telecommunications company

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

Aircel Ltd. was an Indian mobile network operator headquartered in Mumbai that offered voice and 2G and 3G data services. Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%. Aircel was founded by Chinnakannan Sivasankaran and commenced operations in Tamil Nadu in 1999. It was once a market leader in Tamil Nadu and had considerable presence in Odisha, Assam and North-East telecom circles. 2G and 3G Services including voice were shut down in all circles after failure of merger talks with Reliance Communications.

<span class="mw-page-title-main">Airtel Bangladesh</span> A brand of Robi Axiata Ltd in Bangladesh

Airtel is a telecom brand currently managed by Robi Axiata Ltd. in Bangladesh and was managed by Bharti Airtel until November 2016. In November 2016, Airtel merged its operations into Robi Axiata Ltd. Following the merger, Airtel remained as a product brand of Robi Axiata Ltd in Bangladesh. Since then, Robi Axiata is the brand licensing holder for Airtel brand in Bangladesh.

<span class="mw-page-title-main">Loop Mobile</span> Indian telecommunications company

Loop Mobile India Ltd, formerly BPL Mobile Communications, was an Indian mobile network operator.

<span class="mw-page-title-main">Tata Docomo</span> Indian telecommunications company

Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices deriving its name from NTT Docomo who invested in the company in 2008. In October 2017, Bharti Airtel announced a merger deal with Tata Teleservices and the acquisition of Tata Docomo. As of 21 July 2019, all Tata Docomo users are merged with Airtel network and provided with all the Airtel services.

Unitech Limited is an Indian real estate investment company headquartered in New Delhi, and once claimed to be the largest real estate builder in the country.

<span class="mw-page-title-main">Videocon Telecom</span>

Videocon Telecommunications Limited, formerly Videocon Mobile Services, was an Indian cellular service provider that offered GSM mobile services in India under the brand name Videocon. The company was a subsidiary of the Videocon Group, and was headquartered at Gurgaon, Haryana. Videocon launched its services on 7 April 2010 in Mumbai. At its peak, Videocon held licences to provide mobile services in 18 out of 22 telecom circles of India. However, Videocon launched commercial services only in 11 out of the 18 circles it held licences in. Following the 2G spectrum case, the Supreme Court cancelled 122 licences issued by the Indian Government in 2008, including 21 licences belonging to Videocon.

In India, the Department of Telecommunications (DoT) conducts auctions of licenses for electromagnetic spectrum. India was among the early adopters of spectrum auctions beginning auctions in 1994.

The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance (UPA) coalition government India were allegedly involved in selling or allotting 122 2G spectrum licenses on conditions that provided an advantage to specific telecom operators. A. Raja, then Telecom Minister, was accused of selling 2G spectrum licenses at a very low cost which resulted in the loss of ₹1,760 billion in government revenue. Raja was also accused of not following rules and regulations as well as not recognizing any advice from the Ministries of Finance and Law and Justice of India while allotting 2G spectrum licenses to telecom operators. Series of allegations were made on allotting 2G spectrum licenses including allegations from Central Bureau of Investigation after investigating the case alleging Raja for intentionally advancing the cut-off date to favour some specific firms, which were allegedly ineligible for applying for telecom licenses, in return for bribes.

3G mobile telephony was relatively slow to be adopted globally. In some instances, 3G networks do not use the same radio frequencies as 2G so mobile operators must build entirely new networks and license entirely new frequencies, especially so to achieve high data transmission rates. Other delays were due to the expenses of upgrading transmission hardware, especially for UMTS, whose deployment required the replacement of most broadcast towers. Due to these issues and difficulties with deployment, many carriers delayed acquisition of these updated capabilities.

<span class="mw-page-title-main">Airtel India</span> Indian telecommunications company

Airtel India commonly known as Airtel, is the second largest provider of mobile telephony and third largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. The brand is operated by several subsidiaries of Bharti Airtel, with Bharti Hexacom and Bharti Telemedia providing broadband fixed line services and Bharti Infratel providing telecom passive infrastructure service such as telecom equipment and telecom towers. Currently, Airtel provides 5G, 4G and 4G+ services all over India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles.

<span class="mw-page-title-main">Vodafone Idea</span> Indian telecommunications company

Vodafone Idea or Vi is an Indian mobile network operator with its headquarters based in Mumbai and Gandhinagar. It is an all-India integrated GSM operator offering 2G, 3G, 4G, LTE Advanced, VoLTE, and VoWiFi service. As of 31 September 2023, Vi has a subscriber base of 219.8 million, making it third largest mobile telecommunications network in India and 11th largest mobile telecommunications network in the world. 'Vodafone Idea Limited' was created on 31 August 2018 by the merger of Vodafone India and Idea Cellular. In 2020, the two separate brands Vodafone and Idea rebranded as Vi.

<span class="mw-page-title-main">Idea Cellular</span> Former Indian telecommunications company

Idea Cellular (commonly referred to as Idea was an Indian mobile network operator based at Mumbai, Maharashtra. Idea was a pan-India integrated GSM operator and had 220.00 million subscribers as of June 2018. Idea Cellular merged with Vodafone and is now known as Vodafone Idea or Vi.

References

  1. 1 2 "Telenor Group - Uninor, India". Telenor Group. Archived from the original on 24 February 2017. Retrieved 17 July 2015.
  2. ↑ Telecom Regulations in India
  3. ↑ "PHighlights of Telecom Subscription Data as on 31st May, 2018" (PDF). Telecom Regulatory Authority of India. 18 July 2018. Retrieved 29 August 2018.
  4. ↑ "Stocks". Bloomberg News .
  5. ↑ Gupta, Deepali. "Vodafone emerges as frontrunner for buying out Telenor's operations in India". The Economic Times. Retrieved 12 September 2016.
  6. ↑ Telenor.com - Approval of Unitech Wireless’ application to increase foreign shareholding announced Archived 25 November 2009 at the Wayback Machine . 16 October 2008.
  7. ↑ "Unitech Wireless Changes to UNINOR | TelecomTalk".
  8. ↑ "Telenor hangs up on India, to sell business to Airtel - The Economic Times". The Economic Times. Retrieved 24 February 2017.
  9. ↑ Gupta, Deepali (13 August 2014). "Uninor bets on pricing plan to increase subscriber base". The Economic Times. ISSN   0013-0389 . Retrieved 17 March 2023.
  10. ↑ "Uninor to scale down in four circles, step up in the East". 25 July 2012.
  11. ↑ Biswas, Rudradeep. (2012-11-26) TT Special: 2G Map of India. Telecomtalk.info. Retrieved on 2013-07-28.
  12. ↑ "Crickex | About company". 13 November 2022. Retrieved 17 March 2023.
  13. ↑ Uninor to close down its services in Rajasthan Today. Telecomtalk.info. Retrieved on 2013-07-28.
  14. ↑ Uninor shuts shop in Rajasthan, 18 lakh users stranded, remaining circles to continue operations - The Times of India. Timesofindia.indiatimes.com. Retrieved on 2013-07-28.
  15. ↑ "Uninor shuts shop in Rajasthan, 18 lakh customers hit". Firstpost. 18 February 2013. Retrieved 17 July 2015.
  16. ↑ Uninor shuts network in Kolkata, West Bengal, Mumbai circles | Business Line. Thehindubusinessline.com. Retrieved on 28 July 2013.
  17. ↑ http://www.thehindubusinessline.com/info-tech/telenor-invests-rs-1000-cr-to-raise-stake-in-telewings-to-74/article5508438.ece [ dead link ]
  18. ↑ "Uninor Changes Name to Telenor, Expands Call Drop Refund Plan". NDTV. 23 September 2015. Retrieved 13 February 2018.
  19. 1 2 "Uninor re-brands itself as Telenor in India". The Hindu. 23 September 2015. Retrieved 23 September 2015.
  20. ↑ "Terms and Conditions". www.telenor.in. Archived from the original on 25 October 2016. Retrieved 24 February 2017.
  21. ↑ "Airtel in advanced talks with Telenor to buy its India business". The Economic Times. Retrieved 13 February 2017.
  22. ↑ "Bharti Airtel in talks with Telenor to buy India business for $350 million: ET Now". The Economic Times. Retrieved 13 February 2017.
  23. ↑ Raj, Amrit (23 February 2017). "Airtel buys Telenor India amid battle with Reliance Jio". Mint. Retrieved 23 February 2017.
  24. ↑ "Telenor exits India as Airtel acquires local arm to fight Reliance Jio". Hindustan Times. 23 February 2017. Retrieved 23 February 2017.
  25. ↑ "CCI approves Airtel-Telenor merger - ET Telecom".
  26. ↑ Reporters, B. S. (3 August 2017). "NCLT approves Airtel-Telenor merger". Business Standard India. Retrieved 18 November 2017.
  27. ↑ "Airtel and Telenor receive NCLT nod for proposed merger - ET Telecom". ETTelecom.com. Retrieved 18 November 2017.
  28. ↑ "Bharti Airtel Gets Shareholders' Nod For Telenor Merger". Bloomberg Quint. Retrieved 18 November 2017.
  29. ↑ "Airtel gets shareholders' nod for amalgamation with Telenor".
  30. ↑ "NCLT clears Bharti Airtel's buyout of Telenor". The Economic Times . 8 March 2018. Retrieved 23 April 2018.
  31. ↑ Sengupta, Devina (23 January 2018). "Airtel to keep 4,000 Telenor, Tata Tele staff post merger". The Economic Times . Retrieved 23 April 2018.
  32. ↑ Aulakh, Gulveen. "SC paves way for Airtel to buy Telenor India". The Economic Times.
  33. ↑ Aulakh, Gulveen. "DoT approves Bharti Airtel and Telenor India merger". The Economic Times.
  34. ↑ Pan India 2015 spectrum holding data sheet (updated), Telecom Talk, retrieved 30 November 2015
  35. ↑ "Norwegian telecom firm Telenor to launch 4G in India within 6 months". Firstpost. 25 February 2016. Retrieved 12 September 2016.
  36. ↑ Reporter, B. S. (9 April 2016). "Telenor to roll out 4G in 55 cities using lean GSM tech". Business Standard India. Retrieved 12 September 2016.
  37. ↑ "Telenor narrow-band LTE goes live in Varanasi city, offers ultra-affordable data packs | ET Telecom". ETTelecom.com. Retrieved 12 September 2016.
  38. ↑ "Telenor India and Huawei Commercialize World's First Lean GSM Solution-huawei press center". huawei. Retrieved 12 September 2016.
  39. ↑ Mitra, Sounak (18 February 2013). "Uninor shuts ops in Rajasthan after SC order". Business Standard. Retrieved 28 July 2013.
  40. ↑ "Highlights of Telecom Subscription Data as on 31st December, 2017". 16 February 2018.
  41. ↑ 2G scam: Revoke Unitech MD Sanjay Chandra's bail, say legal experts : North, News - India Today. Indiatoday.intoday.in (2013-02-13). Retrieved on 2013-07-28.
  42. ↑ Telenor Group seeks indemnities from Unitech Limited as it gets ready for a new future in India - Telenor Group. Telenor.com. Retrieved on 2013-07-28.
  43. ↑ "Uninor plans to auction telecom business; Unitech opposes". 1 August 2012. Archived from the original on 2 August 2012.
  44. ↑ "Telenor to buy Unitech Wireless for Rs 4,190 crore if no bidders found". 2 August 2012.
  45. ↑ Unitech reaches settlement on Uninor JV with Telenor - Economic Times. Articles.economictimes.indiatimes.com. Retrieved on 2013-07-28.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.