Press releases

February 23, 2017

Bharti Airtel to take ownership of Telenor’s operations in India

Financial performance

Telenor ASA has on 23 February 2017 entered into a definitive agreement with Bharti Airtel Limited (Airtel), whereby Airtel will take full ownership of Telenor India.

November 20, 2014 Press Release

New CEOs in Grameenphone and Uninor

Telenor Group today announced that Mr. Rajeev Sethi will join Grameenphone as CEO while Mr. Vivek Sood will join Uninor as CEO.

February 13, 2014 Press Release

Uninor wins fresh spectrum and adds new circle in auction

Uninor confirms that it has successfully acquired additional spectrum in the 1800 MHz band in four of its six existing circles – Uttar Pradesh East, Uttar Pradesh West, Bihar and Jharkhand and Andhra Pradesh – and in the new circle of Assam at an investment of INR 8,447 mil.

January 8, 2014 Press Release

Telenor nominates new Uninor CEO

Telenor Group today announced that it has nominated Mr. Morten Karlsen Sørby to become the new Chief Executive Officer of Uninor, effective immediately. Morten Karlsen Sørby steps into the role just as Uninor reached cash flow break even at the end of 2013, on target after only four years of operation. Morten Karlsen Sørby replaces Sigve Brekke who has served as interim CEO of Uninor since early November last year.

May 2, 2013 Press Release

Yogesh Malik appointed Chief Executive Officer of Uninor

Uninor today announced that it has appointed Mr. Yogesh Malik as Chief Executive Officer (CEO) of the operating company with immediate effect. Sigve Brekke will continue to be responsible for all of Telenor affairs in India as the Head of Telenor Group’s Asian Operations.

November 29, 2012 Press Release

Uninor celebrates reaching break-even target in its first telecom circle

(Oslo/ New Delhi) Uninor has today announced that Uttar Pradesh East has become its first circle to achieve break-even.This means the company’s operations in UP East are now profitable, with revenues being higher than operating costs (EBITDA break-even).

November 14, 2012 Press Release

Telenor awarded spectrum in six telecom circles in India

Telenor Group today announced that the company has been successful in securing spectrum license to provide mobile telephony services in six telecom circles in India. Telenor’s total bid in the spectrum auction was INR 40.18 billion (NOK 4.2bn) of which 33 per cent is to be paid up front.

October 19, 2012 Press Release

Telenor submits application for pre-qualification in India’s spectrum auction

Telenor Group confirms that it submitted its application for pre-qualification in the 1800 MHz band spectrum auction to the Indian Department of Telecommunications on 19 October.

April 30, 2012 Press Release

Write-down of remaining book values in India

During the first quarter 2012, Uninor’s operational performance in India has developed according to plan. Following the Supreme Court’s ruling in February to cancel Uninor’s licenses and the recent recommendation from the Telecom Regulatory Authority of India (TRAI) regarding the 2G license re-auction, the uncertainty has increased significantly. If the recommendation from TRAI in its […]

February 15, 2012 Press Release

Telenor Group seeks indemnities from Unitech Limited as it gets ready for a new future in India

Telenor Group today issued a notice to its Indian strategic partner Unitech Limited, that it will seek indemnity and compensation following the cancellation of Uninor’s 22 licenses by the Supreme Court of India.