Telenor mulls India ops sale for USD 1.8 bln - report

Monday 11 April 2016 | 13:59 CET | News
Telenor plans to sell its telecom operations in India. The operator is looking for a valuation ranging between USD 1.6 billion and USD 1.8 billion (approximately INR 110 – 120 billion), The Economic Times reports, citing two unnamed people familiar with the matter. However, market experts claim Telenor may at best be able to get around USD 1 billion (INR 68 billion), with spectrum being the main saleable asset. A Telenor spokesperson declined to comment.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Telenor
Countries: India
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


India's Videocon to end mobile operations on 15 February

Published 18 Jan 2017 11:07 CET | India
Indian operator Videocon Telecom will shut down mobile operations in the Punjab circle on 15 February. Videocon's around 3 ...

Telenor trims sales, capex outlook, raises EBITDA target

Published 19 Jul 2016 08:35 CET | Scandinavia
Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its ...

Vodafone is front-runner to buy Telenor India - report

Published 06 Jul 2016 09:31 CET | India
Vodafone is the frontrunner to acquire Telenor's operations in India, ET reports, citing two unnamed people with knowledge of the ...

Telenor grows organic revenue 1.5% in Q1

Published 27 Apr 2016 08:48 CET | Scandinavia
Telenor reported organic revenue growth of 1.5 percent in the first quarter and maintained its outlook for 2-4 percent growth ...

Telenor in talks with operator to expand India ops

Published 25 Feb 2016 13:27 CET | India
Mobile operator Telenor is in talks with an undisclosed operator to expand its Indian operations nationwide from the current six ...

Telenor Connexion CEO to meet with Indian PM Modi

Published 12 Feb 2016 10:13 CET | India
Swedish Prime Minister Stefan Lofven and a high-level Swedish business delegation, including Mats Lundquist, CEO of Telenor ...

Telenor India adds 1.8 mln subscribers in Q4

Published 10 Feb 2016 11:57 CET | India
Telenor India (formerly Uninor) added 1.8 million subscriptions during the fourth quarter of 2015, for a total 42.6 million at ...

Videocon to sell 4G spectrum to Telenor - report

Published 28 Nov 2015 13:56 CET | India
Telenor is in talks to acquire Videocon Telecom's 4G spectrum in the Uttar Pradesh (East) and Bihar circles, The Economic Times ...