Norway-based Telenor Group has made its last tranche of fresh equity investment in Uninor, increasing its total stake in the Indian company to 67.25 per cent. Telenor Group’s investments in the telecom service provider to Rs 6,120 crore. Uninor is the telecom brand of Unitech Wireless, a joint venture firm of real estate major Unitech and Telenor Group.
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Category: Unitech Wireless/Uninor
Uninor, the telecom brand of Unitech Wireless, has garnered over 1.2 million subscribers from across eight circles since its launch in December 2009.
Norway’s Telenor ASA has hiked its stake in India’s Unitech Wireless Ltd to 60.1 per cent by making an additional investment of Rs 1,493 crore. Unitech Wireless is a joint venture firm of real estate major Unitech and Norway-based Telenor Group that operates under the brand name Uninor.
Uninor, the telecom brand of Unitech Wireless, has launched telecom services in Orissa on December 22, increasing its footprint to eight circles across the country.
Uninor, the telecom brand of Unitech Wireless, launched services across seven circles in India, and announced its offer of GSM services at 29 paisa per minute. Unitech Wireless, the joint venture company of real estate major Unitech Ltd and Norway-based Telenor Group, was offered licences last year to launch services. continue reading…
Genpact has bagged a five-year back office services contract from new telecom licencee Unitech Wireless to deploy customer service solutions for Unitech Wireless in North India. The value of the deal was not disclosed.
New telecom licencee Unitech Wireless, the joint venture company of real estate major Unitech Limited and Norway-based Telenor Group, has received Cabinet Committee on Economic Affairs’ (CCEA) approval to increase foreign shareholding in the company to uto 74 per cent.
ZTE Corporation, a global provider of telecommunications equipment and network solutions, has signed a five-year GSM network infrastructure agreement with Unitech Wireless. Under the agreement, ZTE will provide GSM systems and core network equipment cross Delhi, Madhya Pradesh, and Haryana circles.
New telecom licencee Unitech Wireless, which is launching services under the brand name ‘Uninor’, has awarded a contract to supply GSM network across six circles to global telecom infrastructure major Nokia Siemens Networks (NSN). The financial details of the deal were not disclosed.
New telecom licencee Unitech Wireless, the joint venture company of real estate major Unitech Limited and Norway-based Telenor Group, has selected Nokia Siemens Networks (NSN) as supplier to roll out and manage its GPRS core network under a three year contract. continue reading…