Wednesday, 26 September 2018

Telenor ordered to halt India asset sale

By Nick Wood, Total Telecom
Friday 03 August 12

Unitech petition sees Company Law Board rule planned auction cannot take place until after its next hearing.

Norway-based Telenor's plan to auction off its India joint venture Unitech Wireless has hit a roadblock already, after the country's Company Law Board (CLB) ordered it not to proceed. Earlier in the week Telenor invited interested parties to bid for its Indian assets by 6 August…

Norway-based Telenor's plan to auction off its India joint venture Unitech Wireless has hit a roadblock already, after the country's Company Law Board (CLB) ordered it not to proceed. Earlier in the week Telenor invited interested parties to bid for its Indian assets by 6 August…

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