India’s Uninor looks to buy Videocon

Telenor’s Indian unit, Uninor, is reportedly in discussions to acquire a majority stake in smaller rival Videocon Telecom for as much as INR100 billion ($1.56 billion). Uninor currently has less than a 5 per cent share of the market with …

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Telenor joins local operators to bid for banking licence

Norway’s Telenor has joined the crowd of local operators applying for payments bank licences in India. Telenor, according to the Economic Times, said it had teamed up with two partners to bid for a licence from the Reserve Bank of …

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Uninor deploys 5,000 base stations, expands connections 33%

India’s Uninor, the country’s eighth-ranked mobile operator with just below a 5 per cent market share, hit its target of rolling out 5,000 base stations last year in the six regions it operates in. The company, which is owned by Norway’s …

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India’s mobile connections near 950M

India’s mobile connections increased 7 per cent last year to reach 946.2 million, according to GSMA Intelligence. It is the second largest mobile market in the world, behind China with 1.3 billion connections. Despite six players gaining or losing between …

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Telenor appoints new CEOs for Bangladesh, India

Telenor Group announced that its operations in India and Bangladesh will have new CEOs from 1 December. Vivek Sood will rejoin Uninor to become CEO after holding the same position at Grameenphone since January 2013. Owing to Sood’s departure from …

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