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Telenor decides to sit out Indian auction amid Vodafone takeover talks

Connectivity BusinessbyConnectivity Business
July 19, 2016
in Investments, Space Services, Strategy and Markets
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Telenor has confirmed it plans to abstain from India’s upcoming spectrum auction as news emerges that Vodafone’s local unit is in advanced talks to buy Telenor India for more than US$1bn. The Norwegian telco said in a statement that, after thorough consideration, it has decided not to participate in the auction as it believes the proposed spectrum prices […]

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Tags: Asia PacificBharti AirtelPremiumTelenorTelenor IndiaTF247VodafoneVodafone India
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