Idea Cellular in talks with Telenor for a cash-less acquisition: Report
Norway-based Telenor reportedly held talks with India's third largest telco, Idea Cellular, for a cash-less sale of its India unit, which is struggling to grow due to operations in just six circles and limited spectrum holdings. According to an ET report, the talks revolved around Idea taking over all the liabilities of Telenor India. “The two companies have held negotiations for a transfer of all liabilities and assets without an... Read More