Myanmar telecom deal with Qatar firm sparks ire

Religious tensions engulfing Myanmar spread as monks in Buddhist-dominated country demanded to know why lucrative license for new national mobile phone network had gone to company from Muslim nation.

Telenor plans nationwide services in India in 2010

Norwegian telecoms group Telenor said on Monday it planned to expand operations in India to offer services nationwide this year, which will mean its investments in Asia will be higher than last year.

On lower equipment costs Telenor cuts capex by Rs 3500cr

Benefitting from lower equipment costs, the Norwegian mobile operator Telenor, has cut down its India investments plans by a hefty Rs 3,500 crore from the earlier estimate of Rs 15,500 crore, spread over five years.

Unitech rises 2% after govt`s nod to Telenor for stake hike

Shares of Unitech, rose by 2.35 per cent on the Bombay Stock Exchange in late morning trade on Tuesday, a day after the government approved Telenor`s proposal for hiking stake in joint venture Unitech Wireless.

Telenor gets nod to up stake in Unitech to 74%

The government on Monday approved Norwegian telecom firm Telenor`s proposal to raise stake in its Indian joint venture Unitech Wireless to 74 percent, the maximum permitted in the sector.

FIPB clears Telenor`s proposal to up stake in Unitech Wireless

FIPB is believed to have cleared the proposal of Norwegian telecom firm Telenor to hike its stake in its Indian telecom joint venture Unitech Wireless, putting an end to a two-month long wait by the telco.