Telenor to auction India telecom business, Unitech opposes

IBN Live 1 August 2012 New Delhi: Intensifying row with its minority stakeholder, Norway’s Telenor-controlled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The...

Telenor Raises VimpelCom Stake to 35.7%

Bloomberg via The Moscow Times 5 April 2012 HELSINKI — Telenor increased its stake in Russia’s VimpelCom to 35.7 percent by buying shares on which it had a swap agreement. Telenor paid $715 million to acquire the 65 million depositary receipts from JPMorgan...