TELENOR UNITECH DEAL COMPLETED

telenor-unitech Telenor-Norwegian telecom operator completed the acquisition of 49% stake in Unitech Wireless Ltd, the telecom arm of the realty firm, Unitech Ltd, by infusing additional investment of Rs 1,130 crore for an additional 15.5%. Telenor had earlier invested Rs 1,250 crore in the telco for a 33.5%.Last year, the Telemor had acquired up to 60% stake in Unitech Wireless for Rs 6,120 crore, which earlier this year they increased to 67.25% for the same amount. Now for completing the transaction beyond 49%, Telenor will have to seek the approval of the foreign investment promotion board (FIPB) as automatic foreign investment in the telecom sector is allowed only up to 49%.
Telenor was earlier expected to raise the Krone 12 billion from the rights issue. However, the company had to scrap the rights issue due to the global economic crisis. The money for the Unitech deal was then funded through a mix of debt and cash flows. Unitech Wireless is one of the five new mobile operators who are to start operations some time this year. Unitech Wireless has pan-India telecom licences in 22 circles. Telenor is a global provider of telecommunications, data and media communication servicesThje company has already awarded its IT contract to Wipro and mobile network contract to Huawei and Alcatel Lucent.

rohit gupta March 14, 2010 at 11:54 am

Respected Sir,
My name is Rohit Gupta. I am perusing PGDIB from ishan institute of management & technology at greater Noida.
I want to join Unitech Wireless company so plaese suggested me , how I apply or join you.
plz contact me on this number
Thanks,
rohit gupta
8010626745

dharmesh koshti January 9, 2010 at 1:39 pm

Respected Sir,
My name is dharmesh koshti.Currently working with Magus Customer Dialog Pvt. Ltd., as a Sr.Customer Service Associate from last 3 years in Ahmadabad. Ltd Ahmedabad as post of front desk customer care service.
I want to join Unitech Wireless company so please suggest,how can i apply or join you.
pls, concider me & contact to this no
Thanks,
dharmesh m koshti
9978440460 9824374968

Jayendra November 27, 2009 at 2:47 pm

Respected Sir,
My name is Jayendra Chaudhari.I am working at Reliance communication Ltd Ahmedabad as post of front desk customer care service.
I want to join Unitech Wireless company so please suggest,how can i apply or join you.
pls, concider me & contact to this no
Thanks,
Jayendra Chaudhari
09327055550

Animesh Mishra November 26, 2009 at 10:39 am

Respected Sir,
My name is Animesh Mishra.I am working at Reliance communication Ltd kolkata as post of sales team leader.
I want to join Unitech Wireless company so please suggest,how can i apply or join you.
pls, concider me & contact to this no
Thanks,
Animesh Mishra
9339564300

RANJIT CHOUWDHARY November 15, 2009 at 5:13 pm

Respected Sir,
My name is Ranjit Chouwdhary.I am working at Archon Engicon Pvt Ltd as post of civil engg.
I want to join Unitech Wireless company so please suggest,how can i apply?
Thanks,
With regards
Ranjit Chouwdhary
+919435597329
+919859950714

shahnawaz alam November 14, 2009 at 11:13 pm

dear sir i’m looking for a vacancy in telenor Review of my credentials will confirm that I have over 4 years of rich & extensive experience in customer relationship management, client servicing, collections and operations related activities.

I am presently associated with Adecco Flexione Solutions Ltd associate vodafone, Kolkata as Relationship Officer since Jun’07.

I understand that working for your organization requires a candidate who is team oriented and is able to deal with people in various departments. I am confident that I possess these skills, which will help me to perform the job efficiently and effectively.

DHARAM RAJ November 14, 2009 at 1:45 pm

Dear Sir/Madam,
My name is DHARAM RAJ presently i am working in RELIANCE COMMUNICATION. I want to join uninor gsm mobile company plese suggest me. how cann join uninor mobile.

Sir/Madam Plese revert me my mail id

Thanks

Regards

M. N 9670455921

Mohd Osama October 23, 2009 at 2:59 pm

Dear Sir/Madam,
My name is mohd osama presently i am working in hindustan unilever ltd. I want to join uninor gsm mobile company plese suggest me. how cann join uninor mobile.

Regards
Mohd Osama
Allahabad
EUP
09307766176

bapi August 23, 2009 at 10:06 pm