Telenor says no to spectrum auction in India; may exit the market
Telenor on Tuesday said that it will not participate in the upcoming spectrum auction, giving an indication that it may well exit the Indian telecom market, which is currently seeing consolidation among telecom operators. “We recognise the significant operational and financial improvement delivered by our Indian operation. We have however, after thorough consideration, decided not to participate in the upcoming spectrum auction, as we believe the proposed spectrum prices do... Read More
