India Okays Telenor’s Rs.1000 crore Investment Plan for Uninor

The Government of India today cleared Norwegian telecom firm Telenor’s proposal to invest Rs 1,000 crore in a joint venture company, operating mobile services under the brand Uninor.

Telenor Telewings

According to Finance Ministry’s statement,  Telenor’s application to set up a joint venture  company in telecom sector involving Rs.1,000 crore FDI inflow has been cleared by the Foreign Investment Promotion Board (FIPB).

Telenor had approached the FIPB for raising its stake in its Indian subsidiary Telewings Communications operating mobile services under the brand name Uninor in six telecom circles.

Telenor participated in 2G spectrum auction through its Indian subsidiary Telewings Communications,  conducted in November 2012 for fresh purchase of airwaves after the cancellations existing 2G licencs by India’s Supreme Court in its earlier verdict on 2G scam.

Telenor /  Uninor, has commercial mobile services or spectrum  in six circles of Maharashtra and Goa, Gujarat, UP East, UP West, Bihar (including Jharkhand) and Andhra Pradesh.

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  • fazlur rahaman mullick June 2, 2014 8:25 pm

    we want uninor coime back in kolkata , we want uninor coime back in kolkata, we want uninor coime back in kolkata, we want uninor coime back in kolkata,we want uninor coime back in kolkata

  • soumitra March 24, 2014 8:11 pm

    if any chances to uninor come back in kolkata and westbengal????? pls come back in west bengal. pls pls pls.

  • S.Sudhakar July 4, 2013 5:54 am

    Warning to uninor :

    If you enter Indian again and implement FUP on all 2G GPRS packs (like only 100 MB per day is free in 3 GB GPRS pack with 30 days validity and similar restrictions on other packs), then the subscribers will chuck you out of the world (you cannot operate in any country – remember that Indians are staying worldwide and if you flop in India, they will come to know)

  • Sathish, Gobichettipalayam July 4, 2013 2:35 am

    Some good news. . . Russian govt based MTS n Norway based Telenor is still trying to capture Indian telecom market. my view : Telenor’s one and only biggest mistake, it was wrongly choosen indian partner unitech (FRAUDULANT). I read the news somewhere, At the time of uninor entering into india. It has also planned to get Broadband and DTH licence also. Unfortunateatly everything was collapsed. In Chennai and TN Circle concern. I had really enjoyed uninor network. Superb voice clarity, innovative plans n amazing offers. Especially Uninor is pioneer of Free seconds (RC198 : 42000 local seconds, 120000 uninor local seconds for 30 days) with unused seconds – carry forwarding facility in prepaid and likewise Free minutes pack in india. Bad luck for Chennai and RoTN mobile users. . . Now no telenor!

    • S.Sudhakar July 5, 2013 7:30 am

      Not even a single CDMA operator (except BSNL EVDO) is giving modem on rental basis.

      MTS must concentrate on GSM technology and implement it effectively so that each subscribers get maximum 2G EDGE speed of 236 Kbps always. Then it can expand to 3G and give pure 3G speed to the subscribers at all times.

  • nayan July 3, 2013 6:23 pm

    if any chances to uninor come back in kolkata and westbengal?????