Telenor plans to buy majority stake in Videocon Telecom : Reports
Telenor, Uninor’s Norway head plans to buy the mobile services business of Videocon group, the discussion of which has reached its final stage. Venugopal Dhoot-owned Videocon telecom has a liability of more than Rs. 500 crore with the Government. This factor remains a hurdle for the companies to close the deal. Telenor cannot accept the existing liability of Videocon telecom as it already bears a liability to Indian Government via... Read More
