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(Fornebu, 2 February 2012 ) 2 February 2012 the Indian Supreme Court delivered its judgment on a public interest petition seeking cancellation of 122 cellular phone licences granted by the Government of India in 2008, including 22 licences to Uninor.
The court has in its judgment quashed all 122 licences, including those granted to Uninor. The quashing is effective 4 months from today. Meanwhile, the Government may seek recommendations from the TRAI (Telecom Regulatory Authority of India) on reallocation of the licences.
Telenor has yet to review the ruling and will be able to comment further once we had a chance to review it.
Contact
Glenn Mandelid, Communications Director, Telenor Asia Mobile: +66824401122 E-mail: Glenn.Mandelid@telenor.com
Tor Odland, Vice President, Group Communications Mobile: +47 9909 0872, E-mail: tor.odland@telenor.com
Telenor Group is an international provider of tele, data and media communication services. Telenor Group has mobile operations in 11 markets in the Nordic region, Central and Eastern Europe and in Asia, as well as an economic stake of 31.67 per cent in VimpelCom Ltd., operating in 20 markets. Headquartered in Norway, Telenor Group is one of the world’s major mobile operators with 133 million mobile subscriptions in its consolidated operations per Q3 2011, revenues in 2010 of NOK 95 billion, and a workforce of approximately 31,000 man-years. For more information about Telenor Group, please visit www.telenor.com
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