Comments
Initiating a dialogue at the diplomatic level post cancellation of Uninor’s 2G licences, Norway’s IT Minister, Rigmor Aasrud, today met the Telecom Minister, Mr Kapil Sibal, and discussed the way forward while raising concern over its investments in Indian operations.
Uninor, a joint venture between Norway’s Telenor and Indian realty player Unitech with Norwegian firm holding over 67 per cent stake, offers services under Uninor brand across the country.
The Norwegian Government, in turn, holds majority stake in Telenor.
“We had a good, fruitful and constructive meeting with the Telecom Minister. We took up Telenor’s case along with other issues,” Asrud told reporters after the meeting.
Telenor claims to have invested over Rs 14,000 crore in Indian operations to pick up stake in Uninor and roll out services across several circles.
Uninor has already said that it would file a review petition in the Supreme Court and also take up the matter with the government to secure its investments here.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.