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Wednesday, August 29, 2012

Telenor chained to Unitech by court order

The district court of Gurgaon has ruled that Norwegian telco Telenor cannot participate in the upcoming spectrum auction with any firm other than Uninor, its current joint venture with partner Unitech. The Times of India reports that the court was petitioned by Unitech to issue an injunction against the Norwegian telco preventing it from: ‘participating, negotiating, engaging in or financially being interested in the auction processes conducted by the government/government agencies for fresh allotment of licences/spectrum, other than through .’ Fighting back, Telenor has petitioned the Punjab and Haryana High Courts to overturn the decision. *The partners have been at loggerheads since the cancellation of Uninor’s licences by the Supreme Court in February this year.


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OVETEL Telenor chained to Unitech by court order

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