DoT audit questions fee relief for Telenor

NEW DELHI: The (CAG) has questioned the Centre's move to allow Norwegian communication major Telenor to set off Rs 1658 crore that had been paid by its erstwhile partner Unitech Wireless, against payments the Scandinavian firm had to make for ...

GSM operators Uninor, which today said that it has achieved break-even in Gujarat telecom zone, plans to set up 500 new network sites by June in Gujarat telecom circle. The company also has plans to go for another round of expansion during the ...

Telecom Lead India: Norwegian telecom major Telenor has hired Citibank and the Tatas have appointed Lazard to discuss possible alliance between Uninor and Tata Teleservices (TTSL). Discussion on the possible strategic alliance may lead to merger ...

NEW DELHI--Telenor ASA (TELNY) Thursday said Yogesh Malik has taken over as the chief executive of its Indian unit. Mr. Malik was previously Telenor's chief operating officer in India. He takes over from Sigve Brekke, who will remain the head of the ...

Alcatel-Lucent announces Q1 2013 results Continued progress with The Performance Program Key numbers for the first quarter 2013 • Revenues of Euro 3,226 million, up 0.6% year-over-year • Adjusted2 gross profit of Euro 947 million or 29.4% of ...

HYDERABAD: Telecom operator Uninor incurred expenses of around Rs 48 crore towards shutting down Mumbai operations in February. Telenor, the parent company of Uninor in 'Pre Q1 2013 estimates' said that these expenses will be shown in the first ...

The second round of 2G spectrum auction slated for March 2013 suffered a major setback as the government was forced to cancel the auction of airwaves in two key bands with GSM operators refusing to participate in the sale. There was just one bid ...

Hiring in India's once-thriving telecom industry is likely to remain subdued through 2013. Since the cancellation of the 122 controversial licences in 2012 and the winding up of operations by companies like S Tel and Etisalat, many telecom ...

Recently, Alcatel Lucent ( ALU ) announced that it has been selected by Japan's NTT Communications Corporation for a business service. Alcatel's leading Multi-service Edge Router, the 7750 Service Router (7750 SR) will be used for this purpose. ...