Vodafone is front-runner to buy Telenor India - report

Wednesday 6 July 2016 | 09:31 CET | News
Vodafone is the frontrunner to acquire Telenor's operations in India, ET reports, citing two unnamed people with knowledge of the matter. According to the same sources, it is yet unclear whether the agreement is restricted to spectrum or includes the company as well. Airwaves in the 1800 MHz band that can be used to provide 4G services but currently used to offer 2G by Telenor India will be valued at around USD 1 billion (approximately INR 68 billion), the sources added. A Vodafone spokesman only said the company was open to options such as spectrum sharing, trading, and mergers and

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: Indus Towers / Telenor / Vodafone
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.


Idea to sell towers to Infratel, American Tower - report

Published 09 Feb 2017 10:36 CET | India
Indian operator Idea Cellular has started talks with Bharti Infratel and American Tower to sell its tower assets. Idea Cellular ...

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 ...

Videocon unveils Ultra50 device, to intro 14 phones this yr

Published 31 Oct 2016 15:02 CET | India
Indian mobile operator Videocon Telecom has introduced tis Ultra50 flagship smartphone on the local market. The device is ...

Vodafone India gets INR 477 bln equity infusion from Group

Published 22 Sep 2016 12:20 CET | India
Vodafone India has announced it has received an equity infusion of INR 477 billion from Vodafone Group in the first half of the ...

Telenor not to participate in India spectrum auction

Published 20 Jul 2016 03:13 CET | India
Telenor has decided not to participate in the upcoming spectrum auction in India, as "the proposed spectrum prices do not give an ...

Govt approves Airtel-Aircel spectrum trading deal - report

Published 11 Jul 2016 11:28 CET | India
India's Telecom Ministry has cleared 4G spectrum trading deal between Bharti Airtel and Aircel, an unnamed official source told ...

India cabinet oks 'largest ever' spectrum sale - report

Published 24 Jun 2016 07:37 CET | India
India's Union Cabinet has approved the next spectrum auction plan. The government hopes to raise nearly INR 5.66 trillion from ...

Telenor mulls India ops sale for USD 1.8 bln - report

Published 11 Apr 2016 13:59 CET | India
Telenor plans to sell its telecom operations in India. The operator is looking for a valuation ranging between USD 1.6 billion ...

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 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 ...