Wednesday, 20 June 2018

Telenor will not bid in Indian spectrum auction

By Mary Lennighan, Total Telecom
Tuesday 19 July 16

Norwegian operator says spectrum prices would not generate acceptable returns, is 'evaluating its options' in India.

Telenor has decided not to take part in India's forthcoming auction of mobile spectrum, citing high prices, and is considering its future in the market, it revealed on Tuesday. "We have...after thorough consideration, decided not to participate in the upcoming spectrum auction, as we believe the proposed spectrum prices do not give an acceptable level of return," the Norwegian operator said, alongside the publication of its second quarter results…

Telenor has decided not to take part in India's forthcoming auction of mobile spectrum, citing high prices, and is considering its future in the market, it revealed on Tuesday. "We have...after thorough consideration, decided not to participate in the upcoming spectrum auction, as we believe the proposed spectrum prices do not give an acceptable level of return," the Norwegian operator said, alongside the publication of its second quarter results…

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