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Wireless

Telenor in talks to give away Indian arm to Idea - report

Friday 16 December 2016 | 12:07 CET | News
Telenor has held talks with Idea Cellular for a cashless sale of its Indian unit, according to a report in the Economic Times of India, citing a person familiar with the development. The deal would entail the country's third-largest mobile phone company taking over all the liabilities Telenor India. Idea Cellular did not respond to an emailed request for comment from the Economic Times, and Telenor said it does not comment on market rumours and speculation.

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Categories: Mobile & Wireless
Companies: Idea Cellular / Telenor
Countries: India
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