New timeframe for closing of India transaction

Press release
Fornebu
1 minute read
Telenor has earlier communicated that closing of the Unitech Wireless transaction in India would take place during January. Completion of the transaction is now expected to take place during the first quarter of 2009.
On 23 December 2008, Telenor announced that it expected to close the Unitech Wireless transaction during January 2009. Closing is subject to certain conditions being fulfilled, and Telenor now anticipates that closing of the transaction will take place during the first quarter of 2009.

Telenor remains confident that all conditions will be met within the indicated timeframe, including agreements for infrastructure sharing that will allow a swift and cost-efficient rollout.

Read more about Telenor in India

For further information please contact:


Esben Tuman, Information Manager, Telenor Asia
Phone: +66 859 184 111

Pål Kvalheim, Vice President Communication, Telenor Group
Phone: +47 970 44 970